WARNERS BAY is one of the averagely priced suburbs in NSW. Median home prices are $590,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $531,000 home loan.
Australia’s total population growth over the last five years has been 7355.00 This means that WARNERS BAY, 2282’s growth of 446 people is well above the mean for the country as a whole.
Mortgage payments in WARNERS BAY , 2282 have increased by $480 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WARNERS BAY, 2282 should have seen some difference. While the latest census median annual household figure income is now $54,860, it was $45,562 back in 2006, which is a net increase of $9,297 Subtract from that the median mortgage repayment increase of $5,760 and a mortgage broker’s clients could be up to $3,537 better off each year even without factoring in mortgage rate cuts.