KENTHURST is one of the most expensive suburbs in NSW. Median home prices are $2,000,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,800,000 home loan.
With a net change of -370 people, KENTHURST 2156 has has shrunk quite a lot when compared to other suburbs in NSW.
KENTHURST 2156 homeowners are paying around 36.36% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay about the same as the median average increase of NSW which is 29.63%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in KENTHURST, 2156 should have seen some difference. While the latest census median annual household figure income is now $109,668, it was $90,298 back in 2006, which is a net increase of $19,370 Subtract from that the median mortgage repayment increase of $9,600 and a mortgage broker’s clients could be up to $9,770 better off each year even without factoring in mortgage rate cuts.