If you’re looking to buy in NORTH FREMANTLE then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $892,500 over the last year.
NORTH FREMANTLE, 6159 is number 2240th in a list of the country’s fastest growing suburbs, and number 260th in State. It has had an average population growth of 28.00 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,600 which is $800 more every month. As a percentage rise, this makes NORTH FREMANTLE, 6159 the number 243th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in NORTH FREMANTLE, 6159 should have seen some difference. While the latest census median annual household figure income is now $96,668, it was $68,437 back in 2006, which is a net increase of $28,230 Subtract from that the median mortgage repayment increase of $9,600 and a mortgage broker’s clients could be up to $18,630 better off each year even without factoring in mortgage rate cuts.