If you were to buy a house locally at the current median price of $506,500 and had 10% deposit, then you would need a mortgage for $455,850. This is small than average mortgage compared to state.
BILAMBIL HEIGHTS 2486 has seen steady growth in it’s population over the last five years.
Mortgage brokers in BILAMBIL HEIGHTS, 2486 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,300 to $1,863.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BILAMBIL HEIGHTS, 2486 should have seen some difference. While the latest census median annual household figure income is now $61,620, it was $51,074 back in 2006, which is a net increase of $10,545 Subtract from that the median mortgage repayment increase of $6,756 and a mortgage broker’s clients could be up to $3,789 better off each year even without factoring in mortgage rate cuts.