There are a number of ELANORA HEIGHTS, 2101 mortgage brokers that can help you find the right home loan. With median house prices at $1,750,000 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 3752.00 This means that ELANORA HEIGHTS, 2101’s growth of 63 people is considerably above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $3,000 which is $1,000 more every month. As a percentage rise, this makes ELANORA HEIGHTS, 2101 the number 91th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ELANORA HEIGHTS, 2101 should have seen some difference. While the latest census median annual household figure income is now $103,844, it was $83,959 back in 2006, which is a net increase of $19,884 Subtract from that the median mortgage repayment increase of $12,000 and a mortgage broker’s clients could be up to $7,884 better off each year even without factoring in mortgage rate cuts.