Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in JANNALI, 2226 is already $998,000, which makes it the number 378th in NSW on a list ordered by most expensive. Make sure that you get good JANNALI mortgage broker to look for the best deal.
Australia’s total population growth over the last five years has been 5854.00 This means that JANNALI, 2226’s growth of 399 people is well above the mean for the country as a whole.
JANNALI 2226 homeowners are paying around 28.21% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than the median average increase of NSW which is 29.63%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in JANNALI, 2226 should have seen some difference. While the latest census median annual household figure income is now $80,600, it was $60,283 back in 2006, which is a net increase of $20,316 Subtract from that the median mortgage repayment increase of $6,600 and a mortgage broker’s clients could be up to $13,716 better off each year even without factoring in mortgage rate cuts.