CASINO is one of the least expensive suburbs in NSW. Median home prices are $230,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $207,000 home loan.
With a net change of 54 people, CASINO 2470 has not grown much when compared to other suburbs in NSW.
CASINO, 2470 has seen a low 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 $890 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 CASINO, 2470 should have seen some difference. While the latest census median annual household figure income is now $39,364, it was $32,879 back in 2006, which is a net increase of $6,484 Subtract from that the median mortgage repayment increase of $4,920 and a mortgage broker’s clients could be up to $1,564 better off each year even without factoring in mortgage rate cuts.