VAUCLUSE is one of the most expensive suburbs in NSW. Median home prices are $4,465,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $4,018,500 home loan.
Australia’s total population growth over the last five years has been 8950.00 This means that VAUCLUSE, 2030’s growth of -72 people is well above the mean for the country as a whole.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-1,467 less than the median monthly home loan repayment in VAUCLUSE, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in VAUCLUSE, 2030 should have seen some difference. While the latest census median annual household figure income is now $126,100, it was $106,314 back in 2006, which is a net increase of $19,786 Subtract from that the median mortgage repayment increase of $3,702 and a mortgage broker’s clients could be up to $16,084 better off each year even without factoring in mortgage rate cuts.