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 CORDEAUX HEIGHTS is number 949th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service CORDEAUX HEIGHTS, 2526.
CORDEAUX HEIGHTS, 2526 is number 1404th in a list of the country’s fastest growing suburbs, and number 451th in State. It has had an average population growth of -69.40 over the period between the last two national censuses.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-115 less than the median monthly home loan repayment in CORDEAUX HEIGHTS, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CORDEAUX HEIGHTS, 2526 should have seen some difference. While the latest census median annual household figure income is now $108,264, it was $89,081 back in 2006, which is a net increase of $19,182 Subtract from that the median mortgage repayment increase of $4,008 and a mortgage broker’s clients could be up to $15,174 better off each year even without factoring in mortgage rate cuts.