House prices in EAST RYDE have seen a high level of growth over the last year, which means it's more important than ever to get a good NSW mortgage broker to help you choose the right home loan product.
Between 2005 and 2011 the population of EAST RYDE, 2113 grew an average of 17.40 people each year. This figure of 447.00% per annum means EAST RYDE is one of the more rapidly growing suburbs in NSW.
Mortgage brokers in EAST RYDE, 2113 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $2,202 to $2,600.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in EAST RYDE, 2113 should have seen some difference. While the latest census median annual household figure income is now $105,768, it was $89,564 back in 2006, which is a net increase of $16,203 Subtract from that the median mortgage repayment increase of $4,776 and a mortgage broker’s clients could be up to $11,427 better off each year even without factoring in mortgage rate cuts.