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 CHARLESTOWN is number 1903th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service CHARLESTOWN, 2290.
Australia’s total population growth over the last five years has been 12311.00 This means that CHARLESTOWN, 2290’s growth of 684 people is well above the mean for the country as a whole.
CHARLESTOWN 2290 homeowners are paying around 37.75% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay about the same as the median average increase of NSW which is 29.63%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CHARLESTOWN, 2290 should have seen some difference. While the latest census median annual household figure income is now $64,688, it was $51,604 back in 2006, which is a net increase of $13,083 Subtract from that the median mortgage repayment increase of $6,084 and a mortgage broker’s clients could be up to $6,999 better off each year even without factoring in mortgage rate cuts.