House prices in TORONTO have seen slightly negative growth over the last year, which means it's more important than ever to get a good NSW mortgage broker to help you choose the right home loan product.
Australia’s total population growth over the last five years has been 5332.00 This means that TORONTO, 2283’s growth of 272 people is well above the mean for the country as a whole.
TORONTO 2283 homeowners are paying around 39.00% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay about the same as the median average increase of NSW which is 29.63%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in TORONTO, 2283 should have seen some difference. While the latest census median annual household figure income is now $42,432, it was $34,606 back in 2006, which is a net increase of $7,826 Subtract from that the median mortgage repayment increase of $5,616 and a mortgage broker’s clients could be up to $2,210 better off each year even without factoring in mortgage rate cuts.