Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then ASQUITH is number 364th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service ASQUITH, 2077.
ASQUITH, 2077 is number 1849th in a list of the country’s fastest growing suburbs, and number 580th in State. It has had an average population growth of 76.40 over the period between the last two national censuses.
ASQUITH 2077 homeowners are paying around 14.11% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay much less than the median average increase of NSW which is 29.63%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ASQUITH, 2077 should have seen some difference. While the latest census median annual household figure income is now $85,436, it was $64,797 back in 2006, which is a net increase of $20,638 Subtract from that the median mortgage repayment increase of $3,264 and a mortgage broker’s clients could be up to $17,374 better off each year even without factoring in mortgage rate cuts.