House prices in HINCHINBROOK have seen quite a lot of growth over the last year, which means it's more important than ever to get a good NSW mortgage broker to help you choose the right home loan product.
Across the whole country HINCHINBROOK,2168 is number 419th fastest growing suburb by population growth, and 129th in State. Its population grew by 197 people over the last five years.
Mortgage brokers in HINCHINBROOK, 2168 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,733 to $2,004.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in HINCHINBROOK, 2168 should have seen some difference. While the latest census median annual household figure income is now $79,248, it was $63,850 back in 2006, which is a net increase of $15,397 Subtract from that the median mortgage repayment increase of $3,252 and a mortgage broker’s clients could be up to $12,145 better off each year even without factoring in mortgage rate cuts.