If you’re looking to buy in MANLY then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $3,070,000 over the last year.
MANLY, 2095 is number 191th in a list of the country’s fastest growing suburbs, and number 60th in State. It has had an average population growth of 224.60 over the period between the last two national censuses.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in MANLY, 2095 rank at number 210th in State or 1043th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MANLY, 2095 should have seen some difference. While the latest census median annual household figure income is now $108,368, it was $82,706 back in 2006, which is a net increase of $25,662 Subtract from that the median mortgage repayment increase of $8,400 and a mortgage broker’s clients could be up to $17,262 better off each year even without factoring in mortgage rate cuts.