House prices in MOSMAN have seen a high level of 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.
MOSMAN, 2088 is number 34th in a list of the country’s fastest growing suburbs, and number 11th in State. It has had an average population growth of 243.40 over the period between the last two national censuses.
With a median housing loan repayment of $3,033 a month, MOSMAN , 2088 mortgage brokers are seeing mortgage holders paying $433 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MOSMAN, 2088 should have seen some difference. While the latest census median annual household figure income is now $128,180, it was $99,611 back in 2006, which is a net increase of $28,568 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $23,372 better off each year even without factoring in mortgage rate cuts.