Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in KAREELA, 2232 is already $1,125,000, which makes it the number 312th in NSW on a list ordered by most expensive. Make sure that you get good KAREELA mortgage broker to look for the best deal.
KAREELA, 2232 is number 1906th in a list of the country’s fastest growing suburbs, and number 600th in State. It has had an average population growth of 177.40 over the period between the last two national censuses.
Mortgage payments in KAREELA , 2232 have increased by $806 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 KAREELA, 2232 should have seen some difference. While the latest census median annual household figure income is now $104,988, it was $89,107 back in 2006, which is a net increase of $15,880 Subtract from that the median mortgage repayment increase of $9,672 and a mortgage broker’s clients could be up to $6,208 better off each year even without factoring in mortgage rate cuts.