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 BELMORE , 2192 is $1,200,000 this month which means that a mortgage for 80% of that value would be $960,000.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with well above the state figure, BELMORE, 2192 figure of 445 represents a 12474.00% change.
BELMORE, 2192 has seen a large 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 $1,600 to $1,950.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BELMORE, 2192 should have seen some difference. While the latest census median annual household figure income is now $51,324, it was $41,802 back in 2006, which is a net increase of $9,521 Subtract from that the median mortgage repayment increase of $4,200 and a mortgage broker’s clients could be up to $5,321 better off each year even without factoring in mortgage rate cuts.