If you were to buy a house locally at the current median price of $1,750,000 and had 10% deposit, then you would need a mortgage for $1,575,000. This is a very large mortgage compared to state.
With a net change of 1051 people, ROSEBERY 2018 has grown considerably when compared to other suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-517 less than the median monthly home loan repayment in ROSEBERY, NSW.
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.