Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then BROOKVALE is number 290th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service BROOKVALE, 2100.
Across the whole country BROOKVALE,2100 is number 2313th fastest growing suburb by population growth, and 722th in State. Its population grew by -634 people over the last five years.
BROOKVALE 2100 homeowners are paying around 23.40% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than the median average increase of NSW which is 29.63%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BROOKVALE, 2100 should have seen some difference. While the latest census median annual household figure income is now $75,452, it was $65,249 back in 2006, which is a net increase of $10,202 Subtract from that the median mortgage repayment increase of $5,916 and a mortgage broker’s clients could be up to $4,286 better off each year even without factoring in mortgage rate cuts.