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 WEST HOXTON , 2171 is $815,000 this month which means that a mortgage for 80% of that value would be $652,000.
Australia’s total population growth over the last five years has been 9030.00 This means that WEST HOXTON, 2171’s growth of 1237 people is well above the mean for the country as a whole.
Mortgage brokers in WEST HOXTON, 2171 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $2,040 to $2,500.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WEST HOXTON, 2171 should have seen some difference. While the latest census median annual household figure income is now $97,344, it was $75,400 back in 2006, which is a net increase of $21,944 Subtract from that the median mortgage repayment increase of $5,520 and a mortgage broker’s clients could be up to $16,424 better off each year even without factoring in mortgage rate cuts.