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 1907th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service CHARLESTOWN, 2290.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 12311.00% population change in CHARLESTOWN 2290 is well above average.
Mortgage brokers in CHARLESTOWN, 2290 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,343 to $1,850.
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.