Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then MACQUARIE FIELDS is number 1596th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service MACQUARIE FIELDS, 2564.
Between 2005 and 2011 the population of MACQUARIE FIELDS, 2564 grew an average of 39.40 people each year. This figure of 2614.00% per annum means MACQUARIE FIELDS is one of the fastest growing suburbs in NSW.
MACQUARIE FIELDS, 2564 has seen a average increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,400 to $1,690.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MACQUARIE FIELDS, 2564 should have seen some difference. While the latest census median annual household figure income is now $51,428, it was $44,673 back in 2006, which is a net increase of $6,754 Subtract from that the median mortgage repayment increase of $3,480 and a mortgage broker’s clients could be up to $3,274 better off each year even without factoring in mortgage rate cuts.