House prices in LANE COVE NORTH have seen a high level of growth over the last year, which means it's more important than ever to get a good NSW mortgage broker to help you choose the right home loan product.
LANE COVE NORTH 2066 has seen a high level of growth in it’s population over the last five years.
LANE COVE NORTH 2066 homeowners are paying around 23.33% 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 LANE COVE NORTH, 2066 should have seen some difference. While the latest census median annual household figure income is now $95,524, it was $77,693 back in 2006, which is a net increase of $17,830 Subtract from that the median mortgage repayment increase of $5,676 and a mortgage broker’s clients could be up to $12,154 better off each year even without factoring in mortgage rate cuts.