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 CABRAMATTA is number 708th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service CABRAMATTA, 2166.
With a net change of 969 people, CABRAMATTA 2166 has grown considerably when compared to other suburbs in NSW.
Mortgage brokers in CABRAMATTA, 2166 have seen that the median mortgage loan repayment has decreased slightly between the last two census periods, changing from $1,100 to $1,300.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CABRAMATTA, 2166 should have seen some difference. While the latest census median annual household figure income is now $40,560, it was $32,822 back in 2006, which is a net increase of $7,737 Subtract from that the median mortgage repayment increase of $2,400 and a mortgage broker’s clients could be up to $5,337 better off each year even without factoring in mortgage rate cuts.