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 PENRITH , 2750 is $650,000 this month which means that a mortgage for 80% of that value would be $520,000.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 11713.00% population change in PENRITH 2750 is well above average.
With a median housing loan repayment of $1,700 a month, PENRITH , 2750 mortgage brokers are seeing mortgage holders paying $250 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 PENRITH, 2750 should have seen some difference. While the latest census median annual household figure income is now $49,348, it was $39,275 back in 2006, which is a net increase of $10,072 Subtract from that the median mortgage repayment increase of $3,000 and a mortgage broker’s clients could be up to $7,072 better off each year even without factoring in mortgage rate cuts.