Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in KILLARA, 2071 is already $2,618,000, which makes it the number 34th in NSW on a list ordered by most expensive. Make sure that you get good KILLARA mortgage broker to look for the best deal.
Between 2005 and 2011 the population of KILLARA, 2071 grew an average of 62.20 people each year. This figure of 1836.80% per annum means KILLARA is one of the fastest growing suburbs in NSW.
KILLARA 2071 homeowners are paying around 32.00% 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 KILLARA, 2071 should have seen some difference. While the latest census median annual household figure income is now $130,416, it was $116,319 back in 2006, which is a net increase of $14,097 Subtract from that the median mortgage repayment increase of $9,600 and a mortgage broker’s clients could be up to $4,497 better off each year even without factoring in mortgage rate cuts.