Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in EVANS HEAD, 2473 is already $495,500, which makes it the number 986th in NSW on a list ordered by most expensive. Make sure that you get good EVANS HEAD mortgage broker to look for the best deal.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with above the state figure, EVANS HEAD, 2473 figure of 631 represents a 2629.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,305 which is $92 more every month. As a percentage rise, this makes EVANS HEAD, 2473 the number 4571th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in EVANS HEAD, 2473 should have seen some difference. While the latest census median annual household figure income is now $36,400, it was $29,848 back in 2006, which is a net increase of $6,552 Subtract from that the median mortgage repayment increase of $1,104 and a mortgage broker’s clients could be up to $5,448 better off each year even without factoring in mortgage rate cuts.