If you’re looking to buy in AUBURN then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $877,500 over the last year.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with well above the state figure, AUBURN, 2144 figure of 3153 represents a 33022.00% change.
AUBURN 2144 homeowners are paying around 20.00% 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 AUBURN, 2144 should have seen some difference. While the latest census median annual household figure income is now $50,336, it was $38,292 back in 2006, which is a net increase of $12,043 Subtract from that the median mortgage repayment increase of $3,600 and a mortgage broker’s clients could be up to $8,443 better off each year even without factoring in mortgage rate cuts.