Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in KINGS LANGLEY, 2147 is already $936,800, which makes it the number 434th in NSW on a list ordered by most expensive. Make sure that you get good KINGS LANGLEY mortgage broker to look for the best deal.
Between 2005 and 2011 the population of KINGS LANGLEY, 2147 grew an average of 10.80 people each year. This figure of 1833.40% per annum means KINGS LANGLEY is one of the fastest growing suburbs in NSW.
Mortgage brokers in KINGS LANGLEY, 2147 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,700 to $2,200.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in KINGS LANGLEY, 2147 should have seen some difference. While the latest census median annual household figure income is now $100,880, it was $85,508 back in 2006, which is a net increase of $15,371 Subtract from that the median mortgage repayment increase of $6,000 and a mortgage broker’s clients could be up to $9,371 better off each year even without factoring in mortgage rate cuts.