House prices in TWEED HEADS SOUTH have seen little 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.
With a net change of 579 people, TWEED HEADS SOUTH 2486 has grown considerably when compared to other suburbs in NSW.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,700 which is $400 more every month. As a percentage rise, this makes TWEED HEADS SOUTH, 2486 the number 3034th 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 TWEED HEADS SOUTH, 2486 should have seen some difference. While the latest census median annual household figure income is now $34,424, it was $28,984 back in 2006, which is a net increase of $5,439 Subtract from that the median mortgage repayment increase of $4,800 and a mortgage broker’s clients could be up to $639 better off each year even without factoring in mortgage rate cuts.