If you were to buy a house locally at the current median price of $1,670,000 and had 10% deposit, then you would need a mortgage for $1,503,000. This is a very large mortgage compared to state.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with pretty equal to the state figure, THE HILL, 2300 figure of -385 represents a 1616.00% change.
THE HILL, 2300 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,700 to $1,993.
Weekly gross incomes in THE HILL, 2300 have increased by $386. In the same period median mortgage loan repayments have increased by $293.