House prices in TWEED HEADS have seen quite a lot of 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.
Between 2005 and 2011 the population of TWEED HEADS, 2485 grew an average of 80.00 people each year. This figure of 1485.00% per annum means TWEED HEADS is one of the fastest growing suburbs in NSW.
TWEED HEADS 2485 homeowners are paying around 33.31% 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 TWEED HEADS, 2485 should have seen some difference. While the latest census median annual household figure income is now $38,792, it was $31,392 back in 2006, which is a net increase of $7,399 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $2,203 better off each year even without factoring in mortgage rate cuts.