GOSNELLS is one of the less expensive suburbs in WA. Median home prices are $355,500 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $319,950 home loan.
Between 2005 and 2011 the population of GOSNELLS, 6110 grew an average of 378.80 people each year. This figure of 3813.80% per annum means GOSNELLS is one of the fastest growing suburbs in WA.
Mortgage payments in GOSNELLS , 6110 have increased by $606 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GOSNELLS, 6110 should have seen some difference. While the latest census median annual household figure income is now $54,652, it was $42,998 back in 2006, which is a net increase of $11,653 Subtract from that the median mortgage repayment increase of $7,272 and a mortgage broker’s clients could be up to $4,381 better off each year even without factoring in mortgage rate cuts.