Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in KEMPSEY, 2440 is already $220,000, which makes it the number 1445th in NSW on a list ordered by most expensive. Make sure that you get good KEMPSEY mortgage broker to look for the best deal.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 290.00% population change in KEMPSEY 2440 is below average.
Mortgage brokers in KEMPSEY, 2440 have seen that the median mortgage loan repayment has decreased slightly between the last two census periods, changing from $780 to $1,159.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in KEMPSEY, 2440 should have seen some difference. While the latest census median annual household figure income is now $30,212, it was $26,109 back in 2006, which is a net increase of $4,102 Subtract from that the median mortgage repayment increase of $4,548 and a mortgage broker’s clients could be up to $-445 better off each year even without factoring in mortgage rate cuts.