No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in RATHMINES , 2283 is $535,000 this month which means that a mortgage for 80% of that value would be $428,000.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with pretty equal to the state figure, RATHMINES, 2283 figure of 156 represents a 1840.00% change.
Mortgage payments in RATHMINES , 2283 have increased by $400 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in RATHMINES, 2283 should have seen some difference. While the latest census median annual household figure income is now $58,916, it was $50,081 back in 2006, which is a net increase of $8,834 Subtract from that the median mortgage repayment increase of $4,800 and a mortgage broker’s clients could be up to $4,034 better off each year even without factoring in mortgage rate cuts.