WINDSOR is one of the averagely priced suburbs in NSW. Median home prices are $647,500 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $582,750 home loan.
WINDSOR, 2756 is number 2827th in a list of the country’s fastest growing suburbs, and number 875th in State. It has had an average population growth of 26.40 over the period between the last two national censuses.
Mortgage brokers in WINDSOR, 2756 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,517 to $1,950.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WINDSOR, 2756 should have seen some difference. While the latest census median annual household figure income is now $52,104, it was $48,547 back in 2006, which is a net increase of $3,556 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $-1,639 better off each year even without factoring in mortgage rate cuts.