Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then ROSELANDS is number 607th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service ROSELANDS, 2196.
Between 2005 and 2011 the population of ROSELANDS, 2196 grew an average of 200.80 people each year. This figure of 2213.40% per annum means ROSELANDS is one of the fastest growing suburbs in NSW.
Mortgage brokers in ROSELANDS, 2196 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,733 to $2,167.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ROSELANDS, 2196 should have seen some difference. While the latest census median annual household figure income is now $60,164, it was $50,481 back in 2006, which is a net increase of $9,682 Subtract from that the median mortgage repayment increase of $5,208 and a mortgage broker’s clients could be up to $4,474 better off each year even without factoring in mortgage rate cuts.