Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in CASULA, 2170 is already $799,000, which makes it the number 539th in NSW on a list ordered by most expensive. Make sure that you get good CASULA mortgage broker to look for the best deal.
Australia’s total population growth over the last five years has been 14596.00 This means that CASULA, 2170’s growth of 1497 people is well above the mean for the country as a whole.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in CASULA, 2170 rank at number 1421th in State or 5116th 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 CASULA, 2170 should have seen some difference. While the latest census median annual household figure income is now $71,032, it was $57,990 back in 2006, which is a net increase of $13,041 Subtract from that the median mortgage repayment increase of $3,204 and a mortgage broker’s clients could be up to $9,837 better off each year even without factoring in mortgage rate cuts.