Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in CHARMHAVEN, 2263 is already $450,000, which makes it the number 1118th in NSW on a list ordered by most expensive. Make sure that you get good CHARMHAVEN mortgage broker to look for the best deal.
CHARMHAVEN 2263 has seen not much change in it’s population over the last five years.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $115 more than the median monthly home loan repayment in CHARMHAVEN, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CHARMHAVEN, 2263 should have seen some difference. While the latest census median annual household figure income is now $50,544, it was $40,014 back in 2006, which is a net increase of $10,530 Subtract from that the median mortgage repayment increase of $4,416 and a mortgage broker’s clients could be up to $6,114 better off each year even without factoring in mortgage rate cuts.