If you’re looking to buy in ST ANDREWS then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased to $645,000 over the last year.
Between 2005 and 2011 the population of ST ANDREWS, 2566 grew an average of -52.20 people each year. This figure of 1118.40% per annum means ST ANDREWS is one of the fastest growing suburbs in NSW.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in ST ANDREWS, 2566 rank at number 1315th in State or 4855th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ST ANDREWS, 2566 should have seen some difference. While the latest census median annual household figure income is now $78,208, it was $62,613 back in 2006, which is a net increase of $15,594 Subtract from that the median mortgage repayment increase of $3,600 and a mortgage broker’s clients could be up to $11,994 better off each year even without factoring in mortgage rate cuts.