House prices in GLENELG have seen a high level of growth over the last year, which means it's more important than ever to get a good SA mortgage broker to help you choose the right home loan product.
SA has seen an average of 2052.85% rowth over the last 5 years. This means that with well above the state figure, GLENELG, 5045 figure of 321 represents a 3347.00% change.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in GLENELG, 5045 rank at number 52th in State or 872th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GLENELG, 5045 should have seen some difference. While the latest census median annual household figure income is now $64,532, it was $51,194 back in 2006, which is a net increase of $13,338 Subtract from that the median mortgage repayment increase of $8,940 and a mortgage broker’s clients could be up to $4,398 better off each year even without factoring in mortgage rate cuts.