No matter where in ACT you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in DICKSON , 2602 is $760,000 this month which means that a mortgage for 80% of that value would be $608,000.
Between 2005 and 2011 the population of DICKSON, 2602 grew an average of 38.00 people each year. This figure of 407.60% per annum means DICKSON is one of the below average growth suburbs in ACT.
In ACT the median mortgage repayment has increased from $1,437 to $2,110 which is $60 more than the median monthly home loan repayment in DICKSON, ACT.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in DICKSON, 2602 should have seen some difference. While the latest census median annual household figure income is now $85,800, it was $58,926 back in 2006, which is a net increase of $26,873 Subtract from that the median mortgage repayment increase of $8,484 and a mortgage broker’s clients could be up to $18,389 better off each year even without factoring in mortgage rate cuts.