Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BIRRONG, 2143 is already $855,000, which makes it the number 468th in NSW on a list ordered by most expensive. Make sure that you get good BIRRONG mortgage broker to look for the best deal.
BIRRONG 2143 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 $-217 less than the median monthly home loan repayment in BIRRONG, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BIRRONG, 2143 should have seen some difference. While the latest census median annual household figure income is now $56,940, it was $46,477 back in 2006, which is a net increase of $10,462 Subtract from that the median mortgage repayment increase of $6,000 and a mortgage broker’s clients could be up to $4,462 better off each year even without factoring in mortgage rate cuts.