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 STRATHFIELD is number 60th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service STRATHFIELD, 2135.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 23538.00% population change in STRATHFIELD 2135 is well above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,500 which is $333 more every month. As a percentage rise, this makes STRATHFIELD, 2135 the number 363th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
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.