No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in ELANORA HEIGHTS , 2101 is $1,410,000 this month which means that a mortgage for 80% of that value would be $1,128,000.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with above the state figure, ELANORA HEIGHTS, 2101 figure of 63 represents a 3752.00% change.
Mortgage brokers in ELANORA HEIGHTS, 2101 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $2,000 to $3,000.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ELANORA HEIGHTS, 2101 should have seen some difference. While the latest census median annual household figure income is now $103,844, it was $83,959 back in 2006, which is a net increase of $19,884 Subtract from that the median mortgage repayment increase of $12,000 and a mortgage broker’s clients could be up to $7,884 better off each year even without factoring in mortgage rate cuts.