ULTIMO is one of the most expensive suburbs in NSW. Median home prices are $1,555,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,399,500 home loan.
With a net change of 1560 people, ULTIMO 2007 has grown considerably when compared to other suburbs in NSW.
ULTIMO, 2007 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,903 to $2,280.
The local median household income has increased by $160 which is a theoretical $19,578 available for a ULTIMO mortgage broker to find a home loan.