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 BAULKHAM HILLS , 2153 is $1,200,000 this month which means that a mortgage for 80% of that value would be $960,000.
Across the whole country BAULKHAM HILLS,2153 is number 15th fastest growing suburb by population growth, and 5th in State. Its population grew by -544 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,400 which is $450 more every month. As a percentage rise, this makes BAULKHAM HILLS, 2153 the number 504th 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 BAULKHAM HILLS, 2153 should have seen some difference. While the latest census median annual household figure income is now $97,344, it was $81,104 back in 2006, which is a net increase of $16,239 Subtract from that the median mortgage repayment increase of $5,400 and a mortgage broker’s clients could be up to $10,839 better off each year even without factoring in mortgage rate cuts.