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 CHURCHLANDS is number 304th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service CHURCHLANDS, 6018.
Australia’s total population growth over the last five years has been 2650.00 This means that CHURCHLANDS, 6018’s growth of 249 people is considerably above the mean for the country as a whole.
CHURCHLANDS 6018 homeowners are paying around 66.94% 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 WA which is 53.23%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CHURCHLANDS, 6018 should have seen some difference. While the latest census median annual household figure income is now $95,420, it was $65,166 back in 2006, which is a net increase of $30,253 Subtract from that the median mortgage repayment increase of $12,030 and a mortgage broker’s clients could be up to $18,223 better off each year even without factoring in mortgage rate cuts.