Australia’s total population growth over the last five years has been 6761.00 This means that POTTS POINT, 2011’s growth of -16 people is well above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,167 which is $321 more every month. As a percentage rise, this makes POTTS POINT, 2011 the number 846th 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 POTTS POINT, 2011 should have seen some difference. While the latest census median annual household figure income is now $78,312, it was $58,916 back in 2006, which is a net increase of $19,396 Subtract from that the median mortgage repayment increase of $3,852 and a mortgage broker’s clients could be up to $15,544 better off each year even without factoring in mortgage rate cuts.