Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in HAHNDORF, 5245 is already $570,000, which makes it the number 129th in SA on a list ordered by most expensive. Make sure that you get good HAHNDORF mortgage broker to look for the best deal.
Australia’s total population growth over the last five years has been 2448.00 This means that HAHNDORF, 5245’s growth of -121 people is considerably above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,733 which is $533 more every month. As a percentage rise, this makes HAHNDORF, 5245 the number 2627th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in HAHNDORF, 5245 should have seen some difference. While the latest census median annual household figure income is now $68,952, it was $57,059 back in 2006, which is a net increase of $11,892 Subtract from that the median mortgage repayment increase of $6,396 and a mortgage broker’s clients could be up to $5,496 better off each year even without factoring in mortgage rate cuts.