If you’re looking to buy in SURRY HILLS then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $1,630,000 over the last year.
SURRY HILLS, 2010 is number 187th in a list of the country’s fastest growing suburbs, and number 58th in State. It has had an average population growth of 61.40 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,500 which is $396 more every month. As a percentage rise, this makes SURRY HILLS, 2010 the number 363th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SURRY HILLS, 2010 should have seen some difference. While the latest census median annual household figure income is now $91,520, it was $71,432 back in 2006, which is a net increase of $20,087 Subtract from that the median mortgage repayment increase of $4,752 and a mortgage broker’s clients could be up to $15,335 better off each year even without factoring in mortgage rate cuts.