EAST HILLS is one of the more expensive suburbs in NSW. Median home prices are $910,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $819,000 home loan.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with above the state figure, EAST HILLS, 2213 figure of 694 represents a 3173.00% change.
With a median housing loan repayment of $2,300 a month, EAST HILLS , 2213 mortgage brokers are seeing mortgage holders paying $700 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in EAST HILLS, 2213 should have seen some difference. While the latest census median annual household figure income is now $68,588, it was $54,184 back in 2006, which is a net increase of $14,404 Subtract from that the median mortgage repayment increase of $8,400 and a mortgage broker’s clients could be up to $6,004 better off each year even without factoring in mortgage rate cuts.