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 GRANGE , 5022 is $677,500 this month which means that a mortgage for 80% of that value would be $542,000.
Australia’s total population growth over the last five years has been 5757.00 This means that GRANGE, 5022’s growth of 621 people is well above the mean for the country as a whole.
Mortgage brokers in GRANGE, 5022 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,170 to $1,700.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GRANGE, 5022 should have seen some difference. While the latest census median annual household figure income is now $61,672, it was $53,476 back in 2006, which is a net increase of $8,195 Subtract from that the median mortgage repayment increase of $6,360 and a mortgage broker’s clients could be up to $1,835 better off each year even without factoring in mortgage rate cuts.