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 COLLAROY is number 90th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service COLLAROY, 2097.
With a net change of 175 people, COLLAROY 2097 has grown when compared to other suburbs in NSW.
COLLAROY, 2097 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $2,157 to $2,668.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in COLLAROY, 2097 should have seen some difference. While the latest census median annual household figure income is now $96,824, it was $78,114 back in 2006, which is a net increase of $18,709 Subtract from that the median mortgage repayment increase of $6,126 and a mortgage broker’s clients could be up to $12,583 better off each year even without factoring in mortgage rate cuts.