Despite the fact that Sydney has the highest median price of Australia’s capital cities, did you know that it also has some of the cheapest houses in the country?
Australian Property Monitors recently reported that while 122 Sydney suburbs have a median house price of more than $1 million, the harbour city also has the largest proportion of cheaper homes of any Australian capital.
Buying your home is an exciting experience and it makes good financial
sense to understand the numbers around your purchase, these include interest
rates, fees and charges that may be associated with your mortgage.
When looking at interest rates, you need to consider the actual amount
of interest you will pay over the full term of your home loan.