No matter where in SA you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in MAWSON LAKES , 5095 is $480,000 this month which means that a mortgage for 80% of that value would be $384,000.
Across the whole country MAWSON LAKES,5095 is number 402th fastest growing suburb by population growth, and 14th in State. Its population grew by 5625 people over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in MAWSON LAKES, 5095 rank at number 306th in State or 3113th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MAWSON LAKES, 5095 should have seen some difference. While the latest census median annual household figure income is now $86,840, it was $74,521 back in 2006, which is a net increase of $12,318 Subtract from that the median mortgage repayment increase of $5,508 and a mortgage broker’s clients could be up to $6,810 better off each year even without factoring in mortgage rate cuts.