If you were to buy a house locally at the current median price of $529,000 and had 10% deposit, then you would need a mortgage for $476,100. This is quite a large mortgage compared to state.
GREENWOOD 6024 has seen not much change in it’s population over the last five years.
With a median housing loan repayment of $1,900 a month, GREENWOOD , 6024 mortgage brokers are seeing mortgage holders paying $708 more than 2006.
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.