HURLSTONE PARK is one of the most expensive suburbs in NSW. Median home prices are $1,456,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,310,400 home loan.
With a net change of -77 people, HURLSTONE PARK 2193 has has shrunk when compared to other suburbs in NSW.
HURLSTONE PARK, 2193 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 $1,674 to $2,058.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in HURLSTONE PARK, 2193 should have seen some difference. While the latest census median annual household figure income is now $77,584, it was $58,208 back in 2006, which is a net increase of $19,375 Subtract from that the median mortgage repayment increase of $4,602 and a mortgage broker’s clients could be up to $14,773 better off each year even without factoring in mortgage rate cuts.