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 BOOMERANG BEACH is number 2359th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service BOOMERANG BEACH, 2428.
Australia’s total population growth over the last five years has been 334.00 This means that BOOMERANG BEACH, 2428’s growth of 150 people is some way below the mean for the country as a whole.
BOOMERANG BEACH 2428 homeowners are paying around 28.02% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than the median average increase of NSW which is 29.63%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BOOMERANG BEACH, 2428 should have seen some difference. While the latest census median annual household figure income is now $46,488, it was $44,704 back in 2006, which is a net increase of $1,783 Subtract from that the median mortgage repayment increase of $3,984 and a mortgage broker’s clients could be up to $-2,200 better off each year even without factoring in mortgage rate cuts.