Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then GRAFTON is number 3656th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service GRAFTON, 2460.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with well above the state figure, GRAFTON, 2460 figure of 249 represents a 10105.00% change.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in GRAFTON, 2460 rank at number 792th in State or 3434th 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 GRAFTON, 2460 should have seen some difference. While the latest census median annual household figure income is now $42,432, it was $35,126 back in 2006, which is a net increase of $7,306 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $2,110 better off each year even without factoring in mortgage rate cuts.