DOCKLANDS, 3008 is number 1105th in a list of the country’s fastest growing suburbs, and number 291th in State. It has had an average population growth of 370.60 over the period between the last two national censuses.
With a median housing loan repayment of $2,700 a month, DOCKLANDS , 3008 mortgage brokers are seeing mortgage holders paying $516 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in DOCKLANDS, 3008 should have seen some difference. While the latest census median annual household figure income is now $98,852, it was $86,346 back in 2006, which is a net increase of $12,506 Subtract from that the median mortgage repayment increase of $6,198 and a mortgage broker’s clients could be up to $6,308 better off each year even without factoring in mortgage rate cuts.