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 HOVE , 5048 is $650,000 this month which means that a mortgage for 80% of that value would be $520,000.
Australia’s total population growth over the last five years has been 2839.00 This means that HOVE, 5048’s growth of 157 people is considerably above the mean for the country as a whole.
Mortgage payments in HOVE , 5048 have increased by $400 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 HOVE, 5048 should have seen some difference. While the latest census median annual household figure income is now $52,728, it was $43,466 back in 2006, which is a net increase of $9,261 Subtract from that the median mortgage repayment increase of $4,800 and a mortgage broker’s clients could be up to $4,461 better off each year even without factoring in mortgage rate cuts.