Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in STRATHFIELD, 2135 is already $2,550,000, which makes it the number 40th in NSW on a list ordered by most expensive. Make sure that you get good STRATHFIELD mortgage broker to look for the best deal.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with well above the state figure, STRATHFIELD, 2135 figure of 3156 represents a 23538.00% change.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in STRATHFIELD, 2135 rank at number 1187th in State or 4506th 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 STRATHFIELD, 2135 should have seen some difference. While the latest census median annual household figure income is now $76,440, it was $60,366 back in 2006, which is a net increase of $16,073 Subtract from that the median mortgage repayment increase of $3,996 and a mortgage broker’s clients could be up to $12,077 better off each year even without factoring in mortgage rate cuts.