If you were to buy a house locally at the current median price of $2,225,000 and had 10% deposit, then you would need a mortgage for $2,002,500. This is a very large mortgage compared to state.
EAST LINDFIELD 2070 has seen a decline in it’s population over the last five years.
Mortgage payments in EAST LINDFIELD , 2070 have increased by $667 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in EAST LINDFIELD, 2070 should have seen some difference. While the latest census median annual household figure income is now $140,088, it was $128,825 back in 2006, which is a net increase of $11,263 Subtract from that the median mortgage repayment increase of $8,004 and a mortgage broker’s clients could be up to $3,259 better off each year even without factoring in mortgage rate cuts.