No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in FORRESTERS BEACH , 2260 is $855,000 this month which means that a mortgage for 80% of that value would be $684,000.
FORRESTERS BEACH, 2260 is number 2374th in a list of the country’s fastest growing suburbs, and number 738th in State. It has had an average population growth of 41.20 over the period between the last two national censuses.
Mortgage payments in FORRESTERS BEACH , 2260 have increased by $563 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 FORRESTERS BEACH, 2260 should have seen some difference. While the latest census median annual household figure income is now $76,492, it was $62,535 back in 2006, which is a net increase of $13,956 Subtract from that the median mortgage repayment increase of $6,756 and a mortgage broker’s clients could be up to $7,200 better off each year even without factoring in mortgage rate cuts.