Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then NELSON BAY is number 2123th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service NELSON BAY, 2315.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with well above the state figure, NELSON BAY, 2315 figure of 1283 represents a 5296.00% change.
With a median housing loan repayment of $1,800 a month, NELSON BAY , 2315 mortgage brokers are seeing mortgage holders paying $500 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in NELSON BAY, 2315 should have seen some difference. While the latest census median annual household figure income is now $48,360, it was $36,514 back in 2006, which is a net increase of $11,845 Subtract from that the median mortgage repayment increase of $6,000 and a mortgage broker’s clients could be up to $5,845 better off each year even without factoring in mortgage rate cuts.