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 MURRAY BRIDGE is number 4022th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service MURRAY BRIDGE, 5253.
Australia’s total population growth over the last five years has been 13791.00 This means that MURRAY BRIDGE, 5253’s growth of 2164 people is well above the mean for the country as a whole.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in MURRAY BRIDGE, 5253 rank at number 420th in State or 3978th 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 MURRAY BRIDGE, 5253 should have seen some difference. While the latest census median annual household figure income is now $39,780, it was $32,037 back in 2006, which is a net increase of $7,742 Subtract from that the median mortgage repayment increase of $4,704 and a mortgage broker’s clients could be up to $3,038 better off each year even without factoring in mortgage rate cuts.