PLUMPTON is one of the averagely priced suburbs in NSW. Median home prices are $670,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $603,000 home loan.
Between 2005 and 2011 the population of PLUMPTON, 2761 grew an average of 76.00 people each year. This figure of 1628.80% per annum means PLUMPTON is one of the fastest growing suburbs in NSW.
PLUMPTON, 2761 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 $1,712 to $2,100.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in PLUMPTON, 2761 should have seen some difference. While the latest census median annual household figure income is now $84,084, it was $66,523 back in 2006, which is a net increase of $17,560 Subtract from that the median mortgage repayment increase of $4,656 and a mortgage broker’s clients could be up to $12,904 better off each year even without factoring in mortgage rate cuts.