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 $852,000, which makes it the number 494th 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.
Across the whole country ST JOHNS PARK,2176 is number 1058th fastest growing suburb by population growth, and 345th in State. Its population grew by 529 people over the last five years.
Mortgage brokers in ST JOHNS PARK, 2176 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,500 to $2,000.
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.