No matter where in WA you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in ALBANY , 6330 is $520,001 this month which means that a mortgage for 80% of that value would be $416,000.
The average suburb population growth in WA has been 2893.52% since 2006, so the 1363.00% population change in ALBANY 6330 is pretty equal to average.
In WA the median mortgage repayment has increased from $1,121 to $1,676 which is $226 more than the median monthly home loan repayment in ALBANY, WA.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ALBANY, 6330 should have seen some difference. While the latest census median annual household figure income is now $55,224, it was $53,268 back in 2006, which is a net increase of $1,955 Subtract from that the median mortgage repayment increase of $4,404 and a mortgage broker’s clients could be up to $-2,448 better off each year even without factoring in mortgage rate cuts.