Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in NORTH MANLY, 2100 is already $1,570,000, which makes it the number 185th in NSW on a list ordered by most expensive. Make sure that you get good NORTH MANLY mortgage broker to look for the best deal.
NORTH MANLY, 2100 is number 2205th in a list of the country’s fastest growing suburbs, and number 696th in State. It has had an average population growth of 8.00 over the period between the last two national censuses.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-1,684 less than the median monthly home loan repayment in NORTH MANLY, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in NORTH MANLY, 2100 should have seen some difference. While the latest census median annual household figure income is now $99,008, it was $76,226 back in 2006, which is a net increase of $22,781 Subtract from that the median mortgage repayment increase of $15,600 and a mortgage broker’s clients could be up to $7,181 better off each year even without factoring in mortgage rate cuts.