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 ST IVES is number 129th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service ST IVES, 2075.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 15458.00% population change in ST IVES 2075 is well above average.
ST IVES 2075 homeowners are paying around 16.65% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay much less than the median average increase of NSW which is 29.63%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ST IVES, 2075 should have seen some difference. While the latest census median annual household figure income is now $128,856, it was $113,064 back in 2006, which is a net increase of $15,792 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $10,596 better off each year even without factoring in mortgage rate cuts.