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 RYDALMERE is number 496th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service RYDALMERE, 2116.
With a net change of 4799 people, RYDALMERE 2116 has grown considerably when compared to other suburbs in NSW.
RYDALMERE, 2116 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 $2,000 to $2,275.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in RYDALMERE, 2116 should have seen some difference. While the latest census median annual household figure income is now $66,924, it was $52,837 back in 2006, which is a net increase of $14,086 Subtract from that the median mortgage repayment increase of $3,300 and a mortgage broker’s clients could be up to $10,786 better off each year even without factoring in mortgage rate cuts.