KARDINYA is one of the more expensive suburbs in WA. Median home prices are $650,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $585,000 home loan.
Australia’s total population growth over the last five years has been 8693.00 This means that KARDINYA, 6163’s growth of -81 people is well above the mean for the country as a whole.
Mortgage brokers in KARDINYA, 6163 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,258 to $1,960.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in KARDINYA, 6163 should have seen some difference. While the latest census median annual household figure income is now $76,648, it was $60,164 back in 2006, which is a net increase of $16,484 Subtract from that the median mortgage repayment increase of $8,424 and a mortgage broker’s clients could be up to $8,060 better off each year even without factoring in mortgage rate cuts.