There are a number of DRUMMOYNE, 2047 mortgage brokers that can help you find the right home loan. With median house prices at $2,335,000 for this NSW suburb, it's important that you have someone shop around and get you the best mortgage deal.
Australia’s total population growth over the last five years has been 11277.00 This means that DRUMMOYNE, 2047’s growth of 991 people is well above the mean for the country as a whole.
DRUMMOYNE 2047 homeowners are paying around 15.82% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay much less than the median average increase of NSW which is 29.63%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in DRUMMOYNE, 2047 should have seen some difference. While the latest census median annual household figure income is now $111,696, it was $89,741 back in 2006, which is a net increase of $21,954 Subtract from that the median mortgage repayment increase of $4,524 and a mortgage broker’s clients could be up to $17,430 better off each year even without factoring in mortgage rate cuts.