If you’re looking to buy in WOLLONGBAR then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have not risen much to $520,000 over the last year.
With a net change of -191 people, WOLLONGBAR 2477 has has shrunk quite a lot when compared to other suburbs in NSW.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in WOLLONGBAR, 2477 rank at number 1259th in State or 4689th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WOLLONGBAR, 2477 should have seen some difference. While the latest census median annual household figure income is now $58,552, it was $48,521 back in 2006, which is a net increase of $10,030 Subtract from that the median mortgage repayment increase of $3,804 and a mortgage broker’s clients could be up to $6,226 better off each year even without factoring in mortgage rate cuts.