There are a number of PANANIA, 2213 mortgage brokers that can help you find the right home loan. With median house prices at $968,500 for this NSW suburb, it's important that you have someone shop around and get you the best mortgage deal.
Between 2005 and 2011 the population of PANANIA, 2213 grew an average of 99.20 people each year. This figure of 2277.80% per annum means PANANIA is one of the fastest growing suburbs in NSW.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,200 which is $467 more every month. As a percentage rise, this makes PANANIA, 2213 the number 767th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in PANANIA, 2213 should have seen some difference. While the latest census median annual household figure income is now $70,044, it was $55,634 back in 2006, which is a net increase of $14,409 Subtract from that the median mortgage repayment increase of $5,604 and a mortgage broker’s clients could be up to $8,805 better off each year even without factoring in mortgage rate cuts.