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 NARRABEEN , 2101 is $2,250,000 this month which means that a mortgage for 80% of that value would be $1,800,000.
With a net change of 1038 people, NARRABEEN 2101 has grown considerably when compared to other suburbs in NSW.
With a median housing loan repayment of $2,500 a month, NARRABEEN , 2101 mortgage brokers are seeing mortgage holders paying $400 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 NARRABEEN, 2101 should have seen some difference. While the latest census median annual household figure income is now $69,212, it was $56,680 back in 2006, which is a net increase of $12,532 Subtract from that the median mortgage repayment increase of $4,800 and a mortgage broker’s clients could be up to $7,732 better off each year even without factoring in mortgage rate cuts.