Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then ROSEBERY is number 186th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service ROSEBERY, 2018.
Between 2005 and 2011 the population of ROSEBERY, 2018 grew an average of 210.20 people each year. This figure of 1675.80% per annum means ROSEBERY is one of the fastest growing suburbs in NSW.
ROSEBERY 2018 homeowners are paying around 15.00% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay much less than the median average increase of NSW which is 29.63%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ROSEBERY, 2018 should have seen some difference. While the latest census median annual household figure income is now $79,248, it was $60,283 back in 2006, which is a net increase of $18,964 Subtract from that the median mortgage repayment increase of $3,600 and a mortgage broker’s clients could be up to $15,364 better off each year even without factoring in mortgage rate cuts.