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 RAMSGATE , 2217 is $1,008,750 this month which means that a mortgage for 80% of that value would be $807,000.
RAMSGATE 2217 has seen considerable shrinkage in it’s population over the last five years.
Mortgage payments in RAMSGATE , 2217 have increased by $182 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 RAMSGATE, 2217 should have seen some difference. While the latest census median annual household figure income is now $77,116, it was $52,618 back in 2006, which is a net increase of $24,497 Subtract from that the median mortgage repayment increase of $2,184 and a mortgage broker’s clients could be up to $22,313 better off each year even without factoring in mortgage rate cuts.