If you’re looking to buy in WEST WOLLONGONG then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased to $672,000 over the last year.
WEST WOLLONGONG, 2500 is number 1486th in a list of the country’s fastest growing suburbs, and number 479th in State. It has had an average population growth of 60.60 over the period between the last two national censuses.
WEST WOLLONGONG 2500 homeowners are paying around 37.71% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay about the same as 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 WEST WOLLONGONG, 2500 should have seen some difference. While the latest census median annual household figure income is now $55,536, it was $45,120 back in 2006, which is a net increase of $10,415 Subtract from that the median mortgage repayment increase of $6,336 and a mortgage broker’s clients could be up to $4,079 better off each year even without factoring in mortgage rate cuts.