If you’re looking to buy in KOGARAH then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $1,190,000 over the last year.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with well above the state figure, KOGARAH, 2217 figure of 1048 represents a 12663.00% change.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-249 less than the median monthly home loan repayment in KOGARAH, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in KOGARAH, 2217 should have seen some difference. While the latest census median annual household figure income is now $64,376, it was $53,310 back in 2006, which is a net increase of $11,065 Subtract from that the median mortgage repayment increase of $3,588 and a mortgage broker’s clients could be up to $7,477 better off each year even without factoring in mortgage rate cuts.