If you were to buy a house locally at the current median price of $1,818,000 and had 10% deposit, then you would need a mortgage for $1,636,200. This is a very large mortgage compared to state.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 16093.00% population change in EASTWOOD 2122 is well above average.
Mortgage payments in EASTWOOD , 2122 have increased by $304 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in EASTWOOD, 2122 should have seen some difference. While the latest census median annual household figure income is now $69,004, it was $58,484 back in 2006, which is a net increase of $10,519 Subtract from that the median mortgage repayment increase of $3,648 and a mortgage broker’s clients could be up to $6,871 better off each year even without factoring in mortgage rate cuts.