DEAKIN is one of the most expensive suburbs in ACT. Median home prices are $1,196,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,076,400 home loan.
The average suburb population growth in ACT has been 3405.68% since 2006, so the 2685.00% population change in DEAKIN 2600 is below average.
Mortgage brokers in DEAKIN, 2600 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $2,021 to $2,632.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in DEAKIN, 2600 should have seen some difference. While the latest census median annual household figure income is now $130,624, it was $95,503 back in 2006, which is a net increase of $35,120 Subtract from that the median mortgage repayment increase of $7,326 and a mortgage broker’s clients could be up to $27,794 better off each year even without factoring in mortgage rate cuts.