Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then KEALBA is number 2565th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service KEALBA, 3021.
Australia’s total population growth over the last five years has been 3064.00 This means that KEALBA, 3021’s growth of -21 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 $1,500 which is $406 more every month. As a percentage rise, this makes KEALBA, 3021 the number 3916th 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 KEALBA, 3021 should have seen some difference. While the latest census median annual household figure income is now $67,080, it was $58,728 back in 2006, which is a net increase of $8,351 Subtract from that the median mortgage repayment increase of $4,872 and a mortgage broker’s clients could be up to $3,479 better off each year even without factoring in mortgage rate cuts.