If you’re looking to buy in NORTH 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 $1,475,000 over the last year.
Between 2005 and 2011 the population of NORTH MANLY, 2100 grew an average of 8.00 people each year. This figure of 535.20% per annum means NORTH MANLY is one of the more rapidly growing suburbs in NSW.
NORTH MANLY 2100 homeowners are paying around 59.99% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay much more 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 NORTH MANLY, 2100 should have seen some difference. While the latest census median annual household figure income is now $99,008, it was $76,226 back in 2006, which is a net increase of $22,781 Subtract from that the median mortgage repayment increase of $15,600 and a mortgage broker’s clients could be up to $7,181 better off each year even without factoring in mortgage rate cuts.