Australia’s total population growth over the last five years has been 2878.00 This means that KINGSTON, 2604’s growth of 527 people is considerably above the mean for the country as a whole.
KINGSTON 2604 homeowners are paying around 35.43% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay about the same as the median average increase of ACT which is 41.60%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in KINGSTON, 2604 should have seen some difference. While the latest census median annual household figure income is now $130,104, it was $95,196 back in 2006, which is a net increase of $34,907 Subtract from that the median mortgage repayment increase of $7,824 and a mortgage broker’s clients could be up to $27,083 better off each year even without factoring in mortgage rate cuts.