WILBERFORCE is one of the more expensive suburbs in NSW. Median home prices are $780,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $702,000 home loan.
With a net change of -126 people, WILBERFORCE 2756 has has shrunk quite a lot when compared to other suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-323 less than the median monthly home loan repayment in WILBERFORCE, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WILBERFORCE, 2756 should have seen some difference. While the latest census median annual household figure income is now $80,600, it was $63,200 back in 2006, which is a net increase of $17,399 Subtract from that the median mortgage repayment increase of $4,476 and a mortgage broker’s clients could be up to $12,923 better off each year even without factoring in mortgage rate cuts.