Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in GEORGETOWN, 2298 is already $607,500, which makes it the number 861th in NSW on a list ordered by most expensive. Make sure that you get good GEORGETOWN mortgage broker to look for the best deal.
With a net change of 148 people, GEORGETOWN 2298 has grown when compared to other suburbs in NSW.
GEORGETOWN, 2298 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,300 to $1,833.
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.