Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in GLEN ALPINE, 2560 is already $860,000, which makes it the number 487th in NSW on a list ordered by most expensive. Make sure that you get good GLEN ALPINE mortgage broker to look for the best deal.
GLEN ALPINE, 2560 is number 1522th in a list of the country’s fastest growing suburbs, and number 488th in State. It has had an average population growth of -12.00 over the period between the last two national censuses.
Mortgage brokers in GLEN ALPINE, 2560 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,842 to $2,167.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GLEN ALPINE, 2560 should have seen some difference. While the latest census median annual household figure income is now $123,032, it was $102,196 back in 2006, which is a net increase of $20,836 Subtract from that the median mortgage repayment increase of $3,900 and a mortgage broker’s clients could be up to $16,936 better off each year even without factoring in mortgage rate cuts.