House prices in COBAR have seen negative growth over the last year, which means it's more important than ever to get a good NSW mortgage broker to help you choose the right home loan product.
Between 2005 and 2011 the population of COBAR, 2835 grew an average of -76.40 people each year. This figure of 743.20% per annum means COBAR is one of the more rapidly growing suburbs in NSW.
Mortgage brokers in COBAR, 2835 have seen that the median mortgage loan repayment has decreased slightly between the last two census periods, changing from $897 to $1,322.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in COBAR, 2835 should have seen some difference. While the latest census median annual household figure income is now $73,944, it was $59,274 back in 2006, which is a net increase of $14,669 Subtract from that the median mortgage repayment increase of $5,100 and a mortgage broker’s clients could be up to $9,569 better off each year even without factoring in mortgage rate cuts.