No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in WARNERS BAY , 2282 is $587,550 this month which means that a mortgage for 80% of that value would be $470,040.
Across the whole country WARNERS BAY,2282 is number 787th fastest growing suburb by population growth, and 248th in State. Its population grew by 446 people over the last five years.
With a median housing loan repayment of $1,780 a month, WARNERS BAY , 2282 mortgage brokers are seeing mortgage holders paying $480 more than 2006.
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.