No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in KOGARAH BAY , 2217 is $1,462,000 this month which means that a mortgage for 80% of that value would be $1,169,600.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with pretty equal to the state figure, KOGARAH BAY, 2217 figure of 183 represents a 1960.00% change.
With a median housing loan repayment of $2,817 a month, KOGARAH BAY , 2217 mortgage brokers are seeing mortgage holders paying $617 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in KOGARAH BAY, 2217 should have seen some difference. While the latest census median annual household figure income is now $86,372, it was $64,896 back in 2006, which is a net increase of $21,476 Subtract from that the median mortgage repayment increase of $7,404 and a mortgage broker’s clients could be up to $14,072 better off each year even without factoring in mortgage rate cuts.