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 STANHOPE GARDENS , 2768 is $905,000 this month which means that a mortgage for 80% of that value would be $724,000.
Between 2005 and 2011 the population of STANHOPE GARDENS, 2768 grew an average of 682.40 people each year. This figure of 1514.00% per annum means STANHOPE GARDENS is one of the fastest growing suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-1,034 less than the median monthly home loan repayment in STANHOPE GARDENS, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in STANHOPE GARDENS, 2768 should have seen some difference. While the latest census median annual household figure income is now $111,280, it was $77,162 back in 2006, which is a net increase of $34,117 Subtract from that the median mortgage repayment increase of $5,604 and a mortgage broker’s clients could be up to $28,513 better off each year even without factoring in mortgage rate cuts.