House prices in LENNOX HEAD have seen quite a lot 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.
Across the whole country LENNOX HEAD,2478 is number 1010th fastest growing suburb by population growth, and 328th in State. Its population grew by -417 people over the last five years.
Mortgage brokers in LENNOX HEAD, 2478 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,380 to $2,000.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in LENNOX HEAD, 2478 should have seen some difference. While the latest census median annual household figure income is now $65,416, it was $54,698 back in 2006, which is a net increase of $10,717 Subtract from that the median mortgage repayment increase of $7,440 and a mortgage broker’s clients could be up to $3,277 better off each year even without factoring in mortgage rate cuts.