Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then ELLENBROOK is number 2695th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service ELLENBROOK, 6069.
Australia’s total population growth over the last five years has been 16185.00 This means that ELLENBROOK, 6069’s growth of 5807 people is well above the mean for the country as a whole.
ELLENBROOK, 6069 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 $1,408 to $2,300.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ELLENBROOK, 6069 should have seen some difference. While the latest census median annual household figure income is now $87,204, it was $62,894 back in 2006, which is a net increase of $24,310 Subtract from that the median mortgage repayment increase of $10,704 and a mortgage broker’s clients could be up to $13,606 better off each year even without factoring in mortgage rate cuts.