ALDINGA BEACH is one of the less expensive suburbs in SA. Median home prices are $340,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $306,000 home loan.
SA has seen an average of 2052.85% rowth over the last 5 years. This means that with well above the state figure, ALDINGA BEACH, 5173 figure of 3717 represents a 9596.00% change.
In SA the median mortgage repayment has increased from $994 to $1,395 which is $-217 less than the median monthly home loan repayment in ALDINGA BEACH, SA.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ALDINGA BEACH, 5173 should have seen some difference. While the latest census median annual household figure income is now $52,936, it was $38,256 back in 2006, which is a net increase of $14,679 Subtract from that the median mortgage repayment increase of $7,146 and a mortgage broker’s clients could be up to $7,533 better off each year even without factoring in mortgage rate cuts.