Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in ST JOHNS PARK, 2176 is already $826,000, which makes it the number 517th in NSW on a list ordered by most expensive. Make sure that you get good ST JOHNS PARK mortgage broker to look for the best deal.
Australia’s total population growth over the last five years has been 5860.00 This means that ST JOHNS PARK, 2176’s growth of 529 people is well above the mean for the country as a whole.
With a median housing loan repayment of $2,000 a month, ST JOHNS PARK , 2176 mortgage brokers are seeing mortgage holders paying $500 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ST JOHNS PARK, 2176 should have seen some difference. While the latest census median annual household figure income is now $60,944, it was $55,837 back in 2006, which is a net increase of $5,106 Subtract from that the median mortgage repayment increase of $6,000 and a mortgage broker’s clients could be up to $-893 better off each year even without factoring in mortgage rate cuts.