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 COPACABANA is number 774th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service COPACABANA, 2251.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with above the state figure, COPACABANA, 2251 figure of 20 represents a 2590.00% change.
With a median housing loan repayment of $1,924 a month, COPACABANA , 2251 mortgage brokers are seeing mortgage holders paying $424 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in COPACABANA, 2251 should have seen some difference. While the latest census median annual household figure income is now $77,376, it was $60,933 back in 2006, which is a net increase of $16,442 Subtract from that the median mortgage repayment increase of $5,088 and a mortgage broker’s clients could be up to $11,354 better off each year even without factoring in mortgage rate cuts.