EMU PLAINS is one of the averagely priced suburbs in NSW. Median home prices are $662,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $595,800 home loan.
Australia’s total population growth over the last five years has been 7997.00 This means that EMU PLAINS, 2750’s growth of 153 people is well above the mean for the country as a whole.
Mortgage payments in EMU PLAINS , 2750 have increased by $579 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 EMU PLAINS, 2750 should have seen some difference. While the latest census median annual household figure income is now $73,268, it was $61,412 back in 2006, which is a net increase of $11,856 Subtract from that the median mortgage repayment increase of $6,948 and a mortgage broker’s clients could be up to $4,908 better off each year even without factoring in mortgage rate cuts.