House prices in MACKSVILLE have seen slightly negative 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.
With a net change of 411 people, MACKSVILLE 2447 has grown considerably when compared to other suburbs in NSW.
MACKSVILLE 2447 homeowners are paying around 29.32% 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 MACKSVILLE, 2447 should have seen some difference. While the latest census median annual household figure income is now $35,672, it was $28,782 back in 2006, which is a net increase of $6,890 Subtract from that the median mortgage repayment increase of $3,096 and a mortgage broker’s clients could be up to $3,794 better off each year even without factoring in mortgage rate cuts.