There are a number of LISMORE, 2480 mortgage brokers that can help you find the right home loan. With median house prices at $310,000 for this NSW suburb, it's important that you have someone shop around and get you the best mortgage deal.
LISMORE, 2480 is number 1716th in a list of the country’s fastest growing suburbs, and number 545th in State. It has had an average population growth of 46.20 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,300 which is $433 more every month. As a percentage rise, this makes LISMORE, 2480 the number 4574th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in LISMORE, 2480 should have seen some difference. While the latest census median annual household figure income is now $36,660, it was $30,061 back in 2006, which is a net increase of $6,598 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $1,402 better off each year even without factoring in mortgage rate cuts.