MYRTLE BANK is one of the most expensive suburbs in SA. Median home prices are $849,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $764,100 home loan.
Australia’s total population growth over the last five years has been 2839.00 This means that MYRTLE BANK, 5064’s growth of 105 people is considerably above the mean for the country as a whole.
MYRTLE BANK, 5064 has seen a substantial 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 $1,300 to $2,167.
The local median household income has increased by $259 which is a theoretical $45,084 available for a MYRTLE BANK mortgage broker to find a home loan.