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 SALAMANDER BAY is number 1743th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service SALAMANDER BAY, 2317.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 4743.00% population change in SALAMANDER BAY 2317 is above average.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $50 more than the median monthly home loan repayment in SALAMANDER BAY, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SALAMANDER BAY, 2317 should have seen some difference. While the latest census median annual household figure income is now $44,564, it was $38,256 back in 2006, which is a net increase of $6,307 Subtract from that the median mortgage repayment increase of $4,572 and a mortgage broker’s clients could be up to $1,735 better off each year even without factoring in mortgage rate cuts.