No matter where in SA 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 GLENGOWRIE , 5044 is $628,750 this month which means that a mortgage for 80% of that value would be $503,000.
The average suburb population growth in SA has been 2052.85% since 2006, so the 4926.00% population change in GLENGOWRIE 5044 is well above average.
In SA the median mortgage repayment has increased from $994 to $1,395 which is $-230 less than the median monthly home loan repayment in GLENGOWRIE, SA.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GLENGOWRIE, 5044 should have seen some difference. While the latest census median annual household figure income is now $58,188, it was $47,762 back in 2006, which is a net increase of $10,426 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $5,230 better off each year even without factoring in mortgage rate cuts.