If you were to buy a house locally at the current median price of $836,250 and had 10% deposit, then you would need a mortgage for $752,625. This is a very large mortgage compared to state.
The average suburb population growth in WA has been 2893.52% since 2006, so the 1986.00% population change in WATERFORD 6152 is pretty equal to average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $267 more every month. As a percentage rise, this makes WATERFORD, 6152 the number 1453th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $394 which is a theoretical $13,884 available for a WATERFORD mortgage broker to find a home loan.