CAMPBELLTOWN is one of the averagely priced suburbs in NSW. Median home prices are $580,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $522,000 home loan.
With a net change of 2387 people, CAMPBELLTOWN 2560 has grown considerably when compared to other suburbs in NSW.
CAMPBELLTOWN, 2560 has seen a large 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 $1,389 to $1,733.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CAMPBELLTOWN, 2560 should have seen some difference. While the latest census median annual household figure income is now $51,636, it was $42,733 back in 2006, which is a net increase of $8,902 Subtract from that the median mortgage repayment increase of $4,122 and a mortgage broker’s clients could be up to $4,780 better off each year even without factoring in mortgage rate cuts.