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 HURSTVILLE is number 265th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service HURSTVILLE, 2220.
Across the whole country HURSTVILLE,2220 is number 40th fastest growing suburb by population growth, and 14th in State. Its population grew by 2708 people over the last five years.
Mortgage payments in HURSTVILLE , 2220 have increased by $267 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in HURSTVILLE, 2220 should have seen some difference. While the latest census median annual household figure income is now $59,124, it was $50,346 back in 2006, which is a net increase of $8,777 Subtract from that the median mortgage repayment increase of $3,204 and a mortgage broker’s clients could be up to $5,573 better off each year even without factoring in mortgage rate cuts.