Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in THORNTON, 2322 is already $485,500, which makes it the number 1079th in NSW on a list ordered by most expensive. Make sure that you get good THORNTON mortgage broker to look for the best deal.
THORNTON 2322 has seen considerable shrinkage in it’s population over the last five years.
THORNTON, 2322 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,387 to $1,800.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in THORNTON, 2322 should have seen some difference. While the latest census median annual household figure income is now $84,708, it was $67,470 back in 2006, which is a net increase of $17,238 Subtract from that the median mortgage repayment increase of $4,956 and a mortgage broker’s clients could be up to $12,282 better off each year even without factoring in mortgage rate cuts.