Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in GLEBE, 2037 is already $1,862,500, which makes it the number 126th in NSW on a list ordered by most expensive. Make sure that you get good GLEBE mortgage broker to look for the best deal.
Across the whole country GLEBE,2037 is number 386th fastest growing suburb by population growth, and 115th in State. Its population grew by 62 people over the last five years.
GLEBE, 2037 has seen a substantial 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 $2,178 to $2,817.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GLEBE, 2037 should have seen some difference. While the latest census median annual household figure income is now $70,200, it was $55,541 back in 2006, which is a net increase of $14,658 Subtract from that the median mortgage repayment increase of $7,668 and a mortgage broker’s clients could be up to $6,990 better off each year even without factoring in mortgage rate cuts.