BEELIAR is one of the more expensive suburbs in WA. Median home prices are $527,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $474,300 home loan.
Across the whole country BEELIAR,6164 is number 1086th fastest growing suburb by population growth, and 130th in State. Its population grew by 1552 people over the last five years.
BEELIAR, 6164 has seen a substantial 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 $1,375 to $2,167.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BEELIAR, 6164 should have seen some difference. While the latest census median annual household figure income is now $96,876, it was $66,149 back in 2006, which is a net increase of $30,726 Subtract from that the median mortgage repayment increase of $9,504 and a mortgage broker’s clients could be up to $21,222 better off each year even without factoring in mortgage rate cuts.