There are a number of ELERMORE VALE, 2287 mortgage brokers that can help you find the right home loan. With median house prices at $550,000 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 5086.00 This means that ELERMORE VALE, 2287’s growth of 456 people is well above the mean for the country as a whole.
ELERMORE VALE, 2287 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,300 to $1,733.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ELERMORE VALE, 2287 should have seen some difference. While the latest census median annual household figure income is now $63,024, it was $55,926 back in 2006, which is a net increase of $7,098 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $1,902 better off each year even without factoring in mortgage rate cuts.