If you’re looking to buy in WYEE 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 $535,000 over the last year.
WYEE 2259 has seen steady growth in it’s population over the last five years.
WYEE 2259 homeowners are paying around 24.69% 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 WYEE, 2259 should have seen some difference. While the latest census median annual household figure income is now $50,804, it was $44,387 back in 2006, which is a net increase of $6,416 Subtract from that the median mortgage repayment increase of $4,470 and a mortgage broker’s clients could be up to $1,946 better off each year even without factoring in mortgage rate cuts.