If you’re looking to buy in BANKSIA BEACH 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 $530,000 over the last year.
BANKSIA BEACH, 4507 is number 1190th in a list of the country’s fastest growing suburbs, and number 283th in State. It has had an average population growth of 142.00 over the period between the last two national censuses.
BANKSIA BEACH, 4507 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,500 to $1,812.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BANKSIA BEACH, 4507 should have seen some difference. While the latest census median annual household figure income is now $50,700, it was $42,770 back in 2006, which is a net increase of $7,930 Subtract from that the median mortgage repayment increase of $3,744 and a mortgage broker’s clients could be up to $4,186 better off each year even without factoring in mortgage rate cuts.