Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in ULTIMO, 2007 is already $1,410,000, which makes it the number 203th in NSW on a list ordered by most expensive. Make sure that you get good ULTIMO mortgage broker to look for the best deal.
Between 2005 and 2011 the population of ULTIMO, 2007 grew an average of 312.00 people each year. This figure of 1402.20% per annum means ULTIMO is one of the fastest growing suburbs in NSW.
With a median housing loan repayment of $2,280 a month, ULTIMO , 2007 mortgage brokers are seeing mortgage holders paying $376 more than 2006.
Weekly gross incomes in ULTIMO, 2007 have increased by $160. In the same period median mortgage loan repayments have increased by $376.