No matter where in WA 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 DUNCRAIG , 6023 is $710,000 this month which means that a mortgage for 80% of that value would be $568,000.
Between 2005 and 2011 the population of DUNCRAIG, 6023 grew an average of -60.00 people each year. This figure of 2984.80% per annum means DUNCRAIG is one of the fastest growing suburbs in WA.
DUNCRAIG, 6023 has seen a large 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 $1,300 to $2,000.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in DUNCRAIG, 6023 should have seen some difference. While the latest census median annual household figure income is now $101,868, it was $78,592 back in 2006, which is a net increase of $23,275 Subtract from that the median mortgage repayment increase of $8,400 and a mortgage broker’s clients could be up to $14,875 better off each year even without factoring in mortgage rate cuts.