Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in FIVE DOCK, 2046 is already $1,726,000, which makes it the number 149th in NSW on a list ordered by most expensive. Make sure that you get good FIVE DOCK mortgage broker to look for the best deal.
FIVE DOCK, 2046 is number 618th in a list of the country’s fastest growing suburbs, and number 194th in State. It has had an average population growth of 158.60 over the period between the last two national censuses.
Mortgage payments in FIVE DOCK , 2046 have increased by $633 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in FIVE DOCK, 2046 should have seen some difference. While the latest census median annual household figure income is now $88,712, it was $65,582 back in 2006, which is a net increase of $23,129 Subtract from that the median mortgage repayment increase of $7,596 and a mortgage broker’s clients could be up to $15,533 better off each year even without factoring in mortgage rate cuts.