No matter where in WA 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 GREENWOOD , 6024 is $550,000 this month which means that a mortgage for 80% of that value would be $440,000.
GREENWOOD 6024 has seen not much change in it’s population over the last five years.
Mortgage brokers in GREENWOOD, 6024 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,192 to $1,900.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GREENWOOD, 6024 should have seen some difference. While the latest census median annual household figure income is now $83,616, it was $60,845 back in 2006, which is a net increase of $22,770 Subtract from that the median mortgage repayment increase of $8,496 and a mortgage broker’s clients could be up to $14,274 better off each year even without factoring in mortgage rate cuts.