Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in DEAN PARK, 2761 is already $610,000, which makes it the number 783th in NSW on a list ordered by most expensive. Make sure that you get good DEAN PARK mortgage broker to look for the best deal.
Between 2005 and 2011 the population of DEAN PARK, 2761 grew an average of -1.40 people each year. This figure of 600.40% per annum means DEAN PARK is one of the more rapidly growing suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-167 less than the median monthly home loan repayment in DEAN PARK, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in DEAN PARK, 2761 should have seen some difference. While the latest census median annual household figure income is now $73,944, it was $57,902 back in 2006, which is a net increase of $16,042 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $10,846 better off each year even without factoring in mortgage rate cuts.