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 CAMBOOYA is number 3378th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service CAMBOOYA, 4358.
CAMBOOYA, 4358 is number 3270th in a list of the country’s fastest growing suburbs, and number 739th in State. It has had an average population growth of 172.20 over the period between the last two national censuses.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in CAMBOOYA, 4358 rank at number 1122th in State or 3986th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CAMBOOYA, 4358 should have seen some difference. While the latest census median annual household figure income is now $57,616, it was $55,582 back in 2006, which is a net increase of $2,033 Subtract from that the median mortgage repayment increase of $1,200 and a mortgage broker’s clients could be up to $833 better off each year even without factoring in mortgage rate cuts.