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 MINNAMURRA , 2533 is $925,000 this month which means that a mortgage for 80% of that value would be $740,000.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 754.00% population change in MINNAMURRA 2533 is pretty equal to average.
MINNAMURRA, 2533 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 $1,517 to $2,167.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MINNAMURRA, 2533 should have seen some difference. While the latest census median annual household figure income is now $65,416, it was $52,618 back in 2006, which is a net increase of $12,797 Subtract from that the median mortgage repayment increase of $7,800 and a mortgage broker’s clients could be up to $4,997 better off each year even without factoring in mortgage rate cuts.