STRATHFIELD is one of the most expensive suburbs in NSW. Median home prices are $2,225,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $2,002,500 home loan.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with well above the state figure, STRATHFIELD, 2135 figure of 3156 represents a 23538.00% change.
Mortgage payments in STRATHFIELD , 2135 have increased by $333 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 STRATHFIELD, 2135 should have seen some difference. While the latest census median annual household figure income is now $76,440, it was $60,366 back in 2006, which is a net increase of $16,073 Subtract from that the median mortgage repayment increase of $3,996 and a mortgage broker’s clients could be up to $12,077 better off each year even without factoring in mortgage rate cuts.