Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in MILLTHORPE, 2798 is already $350,000, which makes it the number 1263th in NSW on a list ordered by most expensive. Make sure that you get good MILLTHORPE mortgage broker to look for the best deal.
MILLTHORPE, 2798 is number 3501th in a list of the country’s fastest growing suburbs, and number 1082th in State. It has had an average population growth of -21.40 over the period between the last two national censuses.
Mortgage brokers in MILLTHORPE, 2798 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,129 to $1,733.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MILLTHORPE, 2798 should have seen some difference. While the latest census median annual household figure income is now $83,252, it was $54,922 back in 2006, which is a net increase of $28,329 Subtract from that the median mortgage repayment increase of $7,248 and a mortgage broker’s clients could be up to $21,081 better off each year even without factoring in mortgage rate cuts.