No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in BELFIELD , 2191 is $1,200,000 this month which means that a mortgage for 80% of that value would be $960,000.
Between 2005 and 2011 the population of BELFIELD, 2191 grew an average of 67.00 people each year. This figure of 1188.60% per annum means BELFIELD is one of the fastest growing suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-492 less than the median monthly home loan repayment in BELFIELD, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BELFIELD, 2191 should have seen some difference. While the latest census median annual household figure income is now $59,020, it was $48,510 back in 2006, which is a net increase of $10,509 Subtract from that the median mortgage repayment increase of $5,700 and a mortgage broker’s clients could be up to $4,809 better off each year even without factoring in mortgage rate cuts.