Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in ELERMORE VALE, 2287 is already $492,000, which makes it the number 1018th in NSW on a list ordered by most expensive. Make sure that you get good ELERMORE VALE mortgage broker to look for the best deal.
ELERMORE VALE, 2287 is number 1270th in a list of the country’s fastest growing suburbs, and number 408th in State. It has had an average population growth of 91.20 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,733 which is $433 more every month. As a percentage rise, this makes ELERMORE VALE, 2287 the number 2627th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $136 which is a theoretical $22,516 available for a ELERMORE VALE mortgage broker to find a home loan.