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 BOMADERRY , 2541 is $427,500 this month which means that a mortgage for 80% of that value would be $342,000.
BOMADERRY 2541 has seen a decline in it’s population over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,300 which is $178 more every month. As a percentage rise, this makes BOMADERRY, 2541 the number 4574th 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 BOMADERRY, 2541 should have seen some difference. While the latest census median annual household figure income is now $42,224, it was $37,065 back in 2006, which is a net increase of $5,158 Subtract from that the median mortgage repayment increase of $2,136 and a mortgage broker’s clients could be up to $3,022 better off each year even without factoring in mortgage rate cuts.