With a net change of 462 people, MILSONS POINT 2061 has grown considerably when compared to other suburbs in NSW.
MILSONS POINT, 2061 has seen a substantial 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 $3,000 to $3,000.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MILSONS POINT, 2061 should have seen some difference. While the latest census median annual household figure income is now $136,864, it was $133,832 back in 2006, which is a net increase of $3,031 Subtract from that the median mortgage repayment increase of $0 and a mortgage broker’s clients could be up to $3,031 better off each year even without factoring in mortgage rate cuts.