Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then BANGOR is number 538th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service BANGOR, 2234.
BANGOR 2234 has seen a high level of growth in it’s population over the last five years.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-715 less than the median monthly home loan repayment in BANGOR, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BANGOR, 2234 should have seen some difference. While the latest census median annual household figure income is now $112,892, it was $92,861 back in 2006, which is a net increase of $20,030 Subtract from that the median mortgage repayment increase of $8,976 and a mortgage broker’s clients could be up to $11,054 better off each year even without factoring in mortgage rate cuts.