No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in MCMAHONS POINT , 2060 is $2,932,000 this month which means that a mortgage for 80% of that value would be $2,345,600.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with above the state figure, MCMAHONS POINT, 2060 figure of 297 represents a 2244.00% change.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in MCMAHONS POINT, 2060 rank at number 550th in State or 2633th 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 MCMAHONS POINT, 2060 should have seen some difference. While the latest census median annual household figure income is now $132,548, it was $95,238 back in 2006, which is a net increase of $37,310 Subtract from that the median mortgage repayment increase of $6,000 and a mortgage broker’s clients could be up to $31,310 better off each year even without factoring in mortgage rate cuts.