No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in SILVERDALE , 2752 is $958,000 this month which means that a mortgage for 80% of that value would be $766,400.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 3339.00% population change in SILVERDALE 2752 is above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,200 which is $458 more every month. As a percentage rise, this makes SILVERDALE, 2752 the number 767th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SILVERDALE, 2752 should have seen some difference. While the latest census median annual household figure income is now $93,912, it was $76,377 back in 2006, which is a net increase of $17,534 Subtract from that the median mortgage repayment increase of $5,502 and a mortgage broker’s clients could be up to $12,032 better off each year even without factoring in mortgage rate cuts.