House prices in WARNERS BAY have seen quite a lot of 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.
Between 2005 and 2011 the population of WARNERS BAY, 2282 grew an average of 89.20 people each year. This figure of 1471.00% per annum means WARNERS BAY is one of the fastest growing suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $3 more than the median monthly home loan repayment in WARNERS BAY, NSW.
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.