If you’re looking to buy in COTTESLOE then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $1,800,000 over the last year.
COTTESLOE 6011 has seen steady growth in it’s population over the last five years.
COTTESLOE, 6011 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 $2,167 to $2,817.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in COTTESLOE, 6011 should have seen some difference. While the latest census median annual household figure income is now $129,688, it was $95,383 back in 2006, which is a net increase of $34,304 Subtract from that the median mortgage repayment increase of $7,800 and a mortgage broker’s clients could be up to $26,504 better off each year even without factoring in mortgage rate cuts.