No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in LITHGOW , 2790 is $253,500 this month which means that a mortgage for 80% of that value would be $202,800.
Across the whole country LITHGOW,2790 is number 1141th fastest growing suburb by population growth, and 369th in State. Its population grew by 73 people over the last five years.
LITHGOW, 2790 has seen a low increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,083 to $1,300.
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.