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 CROYDON NORTH is number 956th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service CROYDON NORTH, 3136.
Across the whole country CROYDON NORTH,3136 is number 750th fastest growing suburb by population growth, and 227th in State. Its population grew by 196 people over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in CROYDON NORTH, 3136 rank at number 363th in State or 2846th 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 CROYDON NORTH, 3136 should have seen some difference. While the latest census median annual household figure income is now $82,108, it was $68,177 back in 2006, which is a net increase of $13,930 Subtract from that the median mortgage repayment increase of $5,796 and a mortgage broker’s clients could be up to $8,134 better off each year even without factoring in mortgage rate cuts.