Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in CORRIMAL, 2518 is already $758,000, which makes it the number 585th in NSW on a list ordered by most expensive. Make sure that you get good CORRIMAL mortgage broker to look for the best deal.
CORRIMAL 2518 has seen considerable shrinkage in it’s population over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in CORRIMAL, 2518 rank at number 792th in State or 3434th 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 CORRIMAL, 2518 should have seen some difference. While the latest census median annual household figure income is now $50,076, it was $45,058 back in 2006, which is a net increase of $5,018 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $-178 better off each year even without factoring in mortgage rate cuts.