If you were to buy a house locally at the current median price of $355,000 and had 10% deposit, then you would need a mortgage for $319,500. This is small than average mortgage compared to state.
Australia’s total population growth over the last five years has been 11179.00 This means that MARSDEN, 4132’s growth of 2292 people is well above the mean for the country as a whole.
Mortgage payments in MARSDEN , 4132 have increased by $609 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 MARSDEN, 4132 should have seen some difference. While the latest census median annual household figure income is now $62,452, it was $50,424 back in 2006, which is a net increase of $12,027 Subtract from that the median mortgage repayment increase of $7,308 and a mortgage broker’s clients could be up to $4,719 better off each year even without factoring in mortgage rate cuts.