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 NORTH ROCKS , 2151 is $1,120,500 this month which means that a mortgage for 80% of that value would be $896,400.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with well above the state figure, NORTH ROCKS, 2151 figure of 391 represents a 7525.00% change.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-717 less than the median monthly home loan repayment in NORTH ROCKS, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in NORTH ROCKS, 2151 should have seen some difference. While the latest census median annual household figure income is now $98,332, it was $84,203 back in 2006, which is a net increase of $14,128 Subtract from that the median mortgage repayment increase of $6,912 and a mortgage broker’s clients could be up to $7,216 better off each year even without factoring in mortgage rate cuts.