Across the whole country ELIZABETH BAY,2011 is number 1304th fastest growing suburb by population growth, and 417th in State. Its population grew by 146 people over the last five years.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-417 less than the median monthly home loan repayment in ELIZABETH BAY, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ELIZABETH BAY, 2011 should have seen some difference. While the latest census median annual household figure income is now $88,920, it was $72,451 back in 2006, which is a net increase of $16,468 Subtract from that the median mortgage repayment increase of $1,968 and a mortgage broker’s clients could be up to $14,500 better off each year even without factoring in mortgage rate cuts.