Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then BURNIE is number 3776th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service BURNIE, 7320.
Across the whole country BURNIE,7320 is number 4103th fastest growing suburb by population growth, and 153th in State. Its population grew by 133 people over the last five years.
BURNIE 7320 homeowners are paying around 57.77% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay much more than the median average increase of TAS which is 49.53%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BURNIE, 7320 should have seen some difference. While the latest census median annual household figure income is now $42,952, it was $32,089 back in 2006, which is a net increase of $10,862 Subtract from that the median mortgage repayment increase of $5,484 and a mortgage broker’s clients could be up to $5,378 better off each year even without factoring in mortgage rate cuts.