Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in HOMEBUSH, 2140 is already $2,210,000, which makes it the number 72th in NSW on a list ordered by most expensive. Make sure that you get good HOMEBUSH mortgage broker to look for the best deal.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with well above the state figure, HOMEBUSH, 2140 figure of -821 represents a 6095.00% change.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-517 less than the median monthly home loan repayment in HOMEBUSH, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in HOMEBUSH, 2140 should have seen some difference. While the latest census median annual household figure income is now $75,816, it was $57,761 back in 2006, which is a net increase of $18,054 Subtract from that the median mortgage repayment increase of $3,600 and a mortgage broker’s clients could be up to $14,454 better off each year even without factoring in mortgage rate cuts.