There are a number of PAYNEHAM, 5070 mortgage brokers that can help you find the right home loan. With median house prices at $600,750 for this SA suburb, it's important that you have someone shop around and get you the best mortgage deal.
Australia’s total population growth over the last five years has been 2120.00 This means that PAYNEHAM, 5070’s growth of 32 people is considerably above the mean for the country as a whole.
PAYNEHAM 5070 homeowners are paying around 44.28% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay more than the median average increase of SA which is 43.56%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in PAYNEHAM, 5070 should have seen some difference. While the latest census median annual household figure income is now $51,740, it was $37,887 back in 2006, which is a net increase of $13,852 Subtract from that the median mortgage repayment increase of $6,036 and a mortgage broker’s clients could be up to $7,816 better off each year even without factoring in mortgage rate cuts.