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 CAMDEN is number 1377th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service CAMDEN, 2570.
Australia’s total population growth over the last five years has been 3143.00 This means that CAMDEN, 2570’s growth of 77 people is considerably above the mean for the country as a whole.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-249 less than the median monthly home loan repayment in CAMDEN, NSW.
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.