If you’re looking to buy in LITHGOW then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have fallen considerably to $276,000 over the last year.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 5549.00% population change in LITHGOW 2790 is well above average.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $483 more than the median monthly home loan repayment in LITHGOW, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in LITHGOW, 2790 should have seen some difference. While the latest census median annual household figure income is now $40,560, it was $33,488 back in 2006, which is a net increase of $7,072 Subtract from that the median mortgage repayment increase of $2,604 and a mortgage broker’s clients could be up to $4,468 better off each year even without factoring in mortgage rate cuts.