House prices in PUNCHBOWL have seen a high level of growth over the last year, which means it's more important than ever to get a good NSW mortgage broker to help you choose the right home loan product.
With a net change of 1217 people, PUNCHBOWL 2196 has grown considerably when compared to other suburbs in NSW.
Mortgage payments in PUNCHBOWL , 2196 have increased by $350 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in PUNCHBOWL, 2196 should have seen some difference. While the latest census median annual household figure income is now $47,840, it was $40,846 back in 2006, which is a net increase of $6,994 Subtract from that the median mortgage repayment increase of $4,200 and a mortgage broker’s clients could be up to $2,794 better off each year even without factoring in mortgage rate cuts.