If you were to buy a house locally at the current median price of $7,400,000 and had 10% deposit, then you would need a mortgage for $6,660,000. This is a very large mortgage compared to state.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with above the state figure, DARLING POINT, 2027 figure of 76 represents a 3818.00% change.
Mortgage brokers in DARLING POINT, 2027 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $2,800 to $3,200.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in DARLING POINT, 2027 should have seen some difference. While the latest census median annual household figure income is now $130,572, it was $100,651 back in 2006, which is a net increase of $29,920 Subtract from that the median mortgage repayment increase of $4,800 and a mortgage broker’s clients could be up to $25,120 better off each year even without factoring in mortgage rate cuts.