Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in NARELLAN VALE, 2567 is already $666,500, which makes it the number 729th in NSW on a list ordered by most expensive. Make sure that you get good NARELLAN VALE mortgage broker to look for the best deal.
With a net change of -100 people, NARELLAN VALE 2567 has has shrunk when compared to other suburbs in NSW.
NARELLAN VALE 2567 homeowners are paying around 23.83% 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 NARELLAN VALE, 2567 should have seen some difference. While the latest census median annual household figure income is now $91,936, it was $76,247 back in 2006, which is a net increase of $15,688 Subtract from that the median mortgage repayment increase of $5,004 and a mortgage broker’s clients could be up to $10,684 better off each year even without factoring in mortgage rate cuts.