House prices in ERSKINEVILLE have seen a high level of growth over the last year, which means it's more important than ever to get a good NSW mortgage broker to help you choose the right home loan product.
Australia’s total population growth over the last five years has been 6747.00 This means that ERSKINEVILLE, 2043’s growth of 289 people is well 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 $2,600 which is $433 more every month. As a percentage rise, this makes ERSKINEVILLE, 2043 the number 243th 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 ERSKINEVILLE, 2043 should have seen some difference. While the latest census median annual household figure income is now $119,080, it was $86,476 back in 2006, which is a net increase of $32,604 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $27,408 better off each year even without factoring in mortgage rate cuts.