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 OSBORNE PARK is number 2047th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service OSBORNE PARK, 6017.
Between 2005 and 2011 the population of OSBORNE PARK, 6017 grew an average of 187.20 people each year. This figure of 789.40% per annum means OSBORNE PARK is one of the more rapidly growing suburbs in WA.
Mortgage brokers in OSBORNE PARK, 6017 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,000 to $1,733.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in OSBORNE PARK, 6017 should have seen some difference. While the latest census median annual household figure income is now $57,200, it was $37,840 back in 2006, which is a net increase of $19,359 Subtract from that the median mortgage repayment increase of $8,796 and a mortgage broker’s clients could be up to $10,563 better off each year even without factoring in mortgage rate cuts.