KINGSGROVE is one of the most expensive suburbs in NSW. Median home prices are $1,240,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,116,000 home loan.
KINGSGROVE, 2208 is number 355th in a list of the country’s fastest growing suburbs, and number 107th in State. It has had an average population growth of 164.20 over the period between the last two national censuses.
KINGSGROVE 2208 homeowners are paying around 44.26% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay more than the median average increase of NSW which is 29.63%.
The local median household income has increased by $215 which is a theoretical $39,884 available for a KINGSGROVE mortgage broker to find a home loan.