BEXLEY NORTH is one of the most expensive suburbs in NSW. Median home prices are $1,365,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,228,500 home loan.
With a net change of 234 people, BEXLEY NORTH 2207 has grown when compared to other suburbs in NSW.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in BEXLEY NORTH, 2207 rank at number 640th in State or 2918th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BEXLEY NORTH, 2207 should have seen some difference. While the latest census median annual household figure income is now $65,052, it was $51,308 back in 2006, which is a net increase of $13,743 Subtract from that the median mortgage repayment increase of $5,724 and a mortgage broker’s clients could be up to $8,019 better off each year even without factoring in mortgage rate cuts.