If you’re looking to buy in FRENCHS FOREST then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $1,601,000 over the last year.
Between 2005 and 2011 the population of FRENCHS FOREST, 2086 grew an average of 127.00 people each year. This figure of 2618.20% per annum means FRENCHS FOREST is one of the fastest growing suburbs in NSW.
With a median housing loan repayment of $2,905 a month, FRENCHS FOREST , 2086 mortgage brokers are seeing mortgage holders paying $705 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in FRENCHS FOREST, 2086 should have seen some difference. While the latest census median annual household figure income is now $111,020, it was $90,116 back in 2006, which is a net increase of $20,904 Subtract from that the median mortgage repayment increase of $8,460 and a mortgage broker’s clients could be up to $12,444 better off each year even without factoring in mortgage rate cuts.