Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in ULTIMO, 2007 is already $1,794,000, which makes it the number 148th in NSW on a list ordered by most expensive. Make sure that you get good ULTIMO mortgage broker to look for the best deal.
Australia’s total population growth over the last five years has been 7011.00 This means that ULTIMO, 2007’s growth of 1560 people is well above the mean for the country as a whole.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in ULTIMO, 2007 rank at number 1030th in State or 4130th nationally when listed in order of median monthly mortgage payment.
The local median household income has increased by $160 which is a theoretical $19,578 available for a ULTIMO mortgage broker to find a home loan.