There are a number of COLLAROY, 2097 mortgage brokers that can help you find the right home loan. With median house prices at $1,900,000 for this NSW suburb, it's important that you have someone shop around and get you the best mortgage deal.
Between 2005 and 2011 the population of COLLAROY, 2097 grew an average of 35.00 people each year. This figure of 2857.40% per annum means COLLAROY is one of the fastest growing suburbs in NSW.
COLLAROY 2097 homeowners are paying around 23.66% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than 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 COLLAROY, 2097 should have seen some difference. While the latest census median annual household figure income is now $96,824, it was $78,114 back in 2006, which is a net increase of $18,709 Subtract from that the median mortgage repayment increase of $6,126 and a mortgage broker’s clients could be up to $12,583 better off each year even without factoring in mortgage rate cuts.