If you’re looking to buy in HORNSBY then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $1,240,000 over the last year.
Between 2005 and 2011 the population of HORNSBY, 2077 grew an average of 232.20 people each year. This figure of 3952.60% per annum means HORNSBY is one of the fastest growing suburbs in NSW.
Mortgage brokers in HORNSBY, 2077 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,800 to $2,167.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in HORNSBY, 2077 should have seen some difference. While the latest census median annual household figure income is now $74,672, it was $59,222 back in 2006, which is a net increase of $15,449 Subtract from that the median mortgage repayment increase of $4,404 and a mortgage broker’s clients could be up to $11,045 better off each year even without factoring in mortgage rate cuts.