LEPPINGTON is one of the more expensive suburbs in NSW. Median home prices are $780,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $702,000 home loan.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with above the state figure, LEPPINGTON, 2179 figure of 492 represents a 2283.00% change.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in LEPPINGTON, 2179 rank at number 757th in State or 3328th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in LEPPINGTON, 2179 should have seen some difference. While the latest census median annual household figure income is now $54,080, it was $50,284 back in 2006, which is a net increase of $3,796 Subtract from that the median mortgage repayment increase of $5,208 and a mortgage broker’s clients could be up to $-1,412 better off each year even without factoring in mortgage rate cuts.