Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in FAIRFIELD HEIGHTS, 2165 is already $748,000, which makes it the number 572th in NSW on a list ordered by most expensive. Make sure that you get good FAIRFIELD HEIGHTS mortgage broker to look for the best deal.
FAIRFIELD HEIGHTS, 2165 is number 908th in a list of the country’s fastest growing suburbs, and number 290th in State. It has had an average population growth of 129.40 over the period between the last two national censuses.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-228 less than the median monthly home loan repayment in FAIRFIELD HEIGHTS, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in FAIRFIELD HEIGHTS, 2165 should have seen some difference. While the latest census median annual household figure income is now $47,424, it was $40,612 back in 2006, which is a net increase of $6,812 Subtract from that the median mortgage repayment increase of $3,336 and a mortgage broker’s clients could be up to $3,476 better off each year even without factoring in mortgage rate cuts.