Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in CABRAMATTA, 2166 is already $800,000, which makes it the number 531th in NSW on a list ordered by most expensive. Make sure that you get good CABRAMATTA mortgage broker to look for the best deal.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 20680.00% population change in CABRAMATTA 2166 is well above average.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in CABRAMATTA, 2166 rank at number 1609th in State or 5560th 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 CABRAMATTA, 2166 should have seen some difference. While the latest census median annual household figure income is now $40,560, it was $32,822 back in 2006, which is a net increase of $7,737 Subtract from that the median mortgage repayment increase of $2,400 and a mortgage broker’s clients could be up to $5,337 better off each year even without factoring in mortgage rate cuts.