No matter where in SA 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 ALLENBY GARDENS , 5009 is $540,000 this month which means that a mortgage for 80% of that value would be $432,000.
ALLENBY GARDENS 5009 has seen not much change in it’s population over the last five years.
In SA the median mortgage repayment has increased from $994 to $1,395 which is $-70 less than the median monthly home loan repayment in ALLENBY GARDENS, SA.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ALLENBY GARDENS, 5009 should have seen some difference. While the latest census median annual household figure income is now $63,648, it was $55,837 back in 2006, which is a net increase of $7,810 Subtract from that the median mortgage repayment increase of $3,804 and a mortgage broker’s clients could be up to $4,006 better off each year even without factoring in mortgage rate cuts.