BUSSELTON is one of the more expensive suburbs in WA. Median home prices are $529,500 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $476,550 home loan.
Across the whole country BUSSELTON,6280 is number 2894th fastest growing suburb by population growth, and 325th in State. Its population grew by 220 people over the last five years.
Mortgage payments in BUSSELTON , 6280 have increased by $367 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BUSSELTON, 6280 should have seen some difference. While the latest census median annual household figure income is now $34,528, it was $29,801 back in 2006, which is a net increase of $4,726 Subtract from that the median mortgage repayment increase of $4,404 and a mortgage broker’s clients could be up to $322 better off each year even without factoring in mortgage rate cuts.