Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in WENTWORTH FALLS, 2782 is already $650,000, which makes it the number 754th in NSW on a list ordered by most expensive. Make sure that you get good WENTWORTH FALLS mortgage broker to look for the best deal.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 5834.00% population change in WENTWORTH FALLS 2782 is well above average.
WENTWORTH FALLS 2782 homeowners are paying around 26.18% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than the median average increase of NSW which is 29.63%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WENTWORTH FALLS, 2782 should have seen some difference. While the latest census median annual household figure income is now $52,000, it was $47,985 back in 2006, which is a net increase of $4,014 Subtract from that the median mortgage repayment increase of $4,638 and a mortgage broker’s clients could be up to $-623 better off each year even without factoring in mortgage rate cuts.