If you were to buy a house locally at the current median price of $872,500 and had 10% deposit, then you would need a mortgage for $785,250. This is quite a large mortgage compared to state.
Australia’s total population growth over the last five years has been 16616.00 This means that WOLLONGONG, 2500’s growth of 2353 people is well above the mean for the country as a whole.
Mortgage brokers in WOLLONGONG, 2500 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,536 to $1,800.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, WOLLONGONG NSW would be 742th with 43.00.