SOUTH HURSTVILLE is one of the most expensive suburbs in NSW. Median home prices are $1,328,250 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,195,425 home loan.
SOUTH HURSTVILLE, 2221 is number 1350th in a list of the country’s fastest growing suburbs, and number 436th in State. It has had an average population growth of 72.20 over the period between the last two national censuses.
Mortgage payments in SOUTH HURSTVILLE , 2221 have increased by $367 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 SOUTH HURSTVILLE, 2221 should have seen some difference. While the latest census median annual household figure income is now $67,860, it was $55,754 back in 2006, which is a net increase of $12,105 Subtract from that the median mortgage repayment increase of $4,404 and a mortgage broker’s clients could be up to $7,701 better off each year even without factoring in mortgage rate cuts.