Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BLACKHEATH, 2785 is already $529,000, which makes it the number 901th in NSW on a list ordered by most expensive. Make sure that you get good BLACKHEATH mortgage broker to look for the best deal.
BLACKHEATH, 2785 is number 1454th in a list of the country’s fastest growing suburbs, and number 467th in State. It has had an average population growth of 78.40 over the period between the last two national censuses.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in BLACKHEATH, 2785 rank at number 1220th in State or 4587th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BLACKHEATH, 2785 should have seen some difference. While the latest census median annual household figure income is now $47,788, it was $39,572 back in 2006, which is a net increase of $8,216 Subtract from that the median mortgage repayment increase of $3,900 and a mortgage broker’s clients could be up to $4,316 better off each year even without factoring in mortgage rate cuts.