If you’re looking to buy in MANLY then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $2,553,000 over the last year.
MANLY 2095 has seen a high level of growth in it’s population over the last five years.
MANLY 2095 homeowners are paying around 30.43% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than the median average increase of NSW which is 29.63%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MANLY, 2095 should have seen some difference. While the latest census median annual household figure income is now $108,368, it was $82,706 back in 2006, which is a net increase of $25,662 Subtract from that the median mortgage repayment increase of $8,400 and a mortgage broker’s clients could be up to $17,262 better off each year even without factoring in mortgage rate cuts.