ASQUITH is one of the most expensive suburbs in NSW. Median home prices are $1,242,129 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,117,916 home loan.
With a net change of 382 people, ASQUITH 2077 has grown considerably when compared to other suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-417 less than the median monthly home loan repayment in ASQUITH, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ASQUITH, 2077 should have seen some difference. While the latest census median annual household figure income is now $85,436, it was $64,797 back in 2006, which is a net increase of $20,638 Subtract from that the median mortgage repayment increase of $3,264 and a mortgage broker’s clients could be up to $17,374 better off each year even without factoring in mortgage rate cuts.