Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BALMAIN, 2041 is already $1,720,000, which makes it the number 120th in NSW on a list ordered by most expensive. Make sure that you get good BALMAIN mortgage broker to look for the best deal.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 9683.00% population change in BALMAIN 2041 is well above average.
With a median housing loan repayment of $3,033 a month, BALMAIN , 2041 mortgage brokers are seeing mortgage holders paying $468 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BALMAIN, 2041 should have seen some difference. While the latest census median annual household figure income is now $127,712, it was $97,546 back in 2006, which is a net increase of $30,165 Subtract from that the median mortgage repayment increase of $5,616 and a mortgage broker’s clients could be up to $24,549 better off each year even without factoring in mortgage rate cuts.