No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in BARGO , 2574 is $702,500 this month which means that a mortgage for 80% of that value would be $562,000.
Across the whole country BARGO,2574 is number 1588th fastest growing suburb by population growth, and 505th in State. Its population grew by 178 people over the last five years.
BARGO, 2574 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 $1,700 to $2,100.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BARGO, 2574 should have seen some difference. While the latest census median annual household figure income is now $65,884, it was $55,728 back in 2006, which is a net increase of $10,155 Subtract from that the median mortgage repayment increase of $4,800 and a mortgage broker’s clients could be up to $5,355 better off each year even without factoring in mortgage rate cuts.