Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in SHELLHARBOUR, 2529 is already $845,000, which makes it the number 506th in NSW on a list ordered by most expensive. Make sure that you get good SHELLHARBOUR mortgage broker to look for the best deal.
SHELLHARBOUR, 2529 is number 1905th in a list of the country’s fastest growing suburbs, and number 599th in State. It has had an average population growth of 4.40 over the period between the last two national censuses.
Mortgage payments in SHELLHARBOUR , 2529 have increased by $266 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 SHELLHARBOUR, 2529 should have seen some difference. While the latest census median annual household figure income is now $62,816, it was $54,886 back in 2006, which is a net increase of $7,930 Subtract from that the median mortgage repayment increase of $3,192 and a mortgage broker’s clients could be up to $4,738 better off each year even without factoring in mortgage rate cuts.