House prices in NORTHMEAD 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.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 10123.00% population change in NORTHMEAD 2152 is well above average.
NORTHMEAD, 2152 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,842 to $2,300.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in NORTHMEAD, 2152 should have seen some difference. While the latest census median annual household figure income is now $72,228, it was $66,128 back in 2006, which is a net increase of $6,099 Subtract from that the median mortgage repayment increase of $5,496 and a mortgage broker’s clients could be up to $603 better off each year even without factoring in mortgage rate cuts.