Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in GEORGETOWN, 2298 is already $602,500, which makes it the number 854th in NSW on a list ordered by most expensive. Make sure that you get good GEORGETOWN mortgage broker to look for the best deal.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 1905.00% population change in GEORGETOWN 2298 is pretty equal to average.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in GEORGETOWN, 2298 rank at number 483th in State or 2341th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GEORGETOWN, 2298 should have seen some difference. While the latest census median annual household figure income is now $59,644, it was $42,099 back in 2006, which is a net increase of $17,544 Subtract from that the median mortgage repayment increase of $6,396 and a mortgage broker’s clients could be up to $11,148 better off each year even without factoring in mortgage rate cuts.