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 MANSFIELD is number 3196th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service MANSFIELD, 3722.
Across the whole country MANSFIELD,3722 is number 1516th fastest growing suburb by population growth, and 355th in State. Its population grew by 307 people over the last five years.
MANSFIELD, 3722 has seen a low increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,000 to $1,300.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MANSFIELD, 3722 should have seen some difference. While the latest census median annual household figure income is now $47,840, it was $40,154 back in 2006, which is a net increase of $7,685 Subtract from that the median mortgage repayment increase of $3,600 and a mortgage broker’s clients could be up to $4,085 better off each year even without factoring in mortgage rate cuts.