There are a number of BATHURST, 2795 mortgage brokers that can help you find the right home loan. With median house prices at $362,000 for this NSW suburb, it's important that you have someone shop around and get you the best mortgage deal.
Between 2005 and 2011 the population of BATHURST, 2795 grew an average of 15.40 people each year. This figure of 1306.60% per annum means BATHURST is one of the fastest growing suburbs in NSW.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,408 which is $281 more every month. As a percentage rise, this makes BATHURST, 2795 the number 4236th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BATHURST, 2795 should have seen some difference. While the latest census median annual household figure income is now $45,032, it was $36,264 back in 2006, which is a net increase of $8,767 Subtract from that the median mortgage repayment increase of $3,372 and a mortgage broker’s clients could be up to $5,395 better off each year even without factoring in mortgage rate cuts.