BONNY HILLS is one of the averagely priced suburbs in NSW. Median home prices are $575,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $517,500 home loan.
BONNY HILLS, 2445 is number 2160th in a list of the country’s fastest growing suburbs, and number 681th in State. It has had an average population growth of 65.80 over the period between the last two national censuses.
With a median housing loan repayment of $1,647 a month, BONNY HILLS , 2445 mortgage brokers are seeing mortgage holders paying $347 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 BONNY HILLS, 2445 should have seen some difference. While the latest census median annual household figure income is now $50,960, it was $44,631 back in 2006, which is a net increase of $6,328 Subtract from that the median mortgage repayment increase of $4,164 and a mortgage broker’s clients could be up to $2,164 better off each year even without factoring in mortgage rate cuts.