Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BRONTE, 2024 is already $2,973,750, which makes it the number 16th in NSW on a list ordered by most expensive. Make sure that you get good BRONTE mortgage broker to look for the best deal.
Across the whole country BRONTE,2024 is number 880th fastest growing suburb by population growth, and 280th in State. Its population grew by 706 people over the last five years.
BRONTE, 2024 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $2,500 to $3,467.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BRONTE, 2024 should have seen some difference. While the latest census median annual household figure income is now $120,536, it was $88,706 back in 2006, which is a net increase of $31,829 Subtract from that the median mortgage repayment increase of $11,604 and a mortgage broker’s clients could be up to $20,225 better off each year even without factoring in mortgage rate cuts.