Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in CAMDEN, 2570 is already $620,000, which makes it the number 705th in NSW on a list ordered by most expensive. Make sure that you get good CAMDEN mortgage broker to look for the best deal.
Across the whole country CAMDEN,2570 is number 1954th fastest growing suburb by population growth, and 615th in State. Its population grew by 77 people over the last five years.
With a median housing loan repayment of $2,032 a month, CAMDEN , 2570 mortgage brokers are seeing mortgage holders paying $299 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 CAMDEN, 2570 should have seen some difference. While the latest census median annual household figure income is now $61,776, it was $49,732 back in 2006, which is a net increase of $12,043 Subtract from that the median mortgage repayment increase of $3,588 and a mortgage broker’s clients could be up to $8,455 better off each year even without factoring in mortgage rate cuts.