If you’re looking to buy in PIMLICO then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have decreased to $315,000 over the last year.
PIMLICO, 4812 is number 2304th in a list of the country’s fastest growing suburbs, and number 530th in State. It has had an average population growth of 62.40 over the period between the last two national censuses.
With a median housing loan repayment of $1,820 a month, PIMLICO , 4812 mortgage brokers are seeing mortgage holders paying $661 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in PIMLICO, 4812 should have seen some difference. While the latest census median annual household figure income is now $49,192, it was $43,362 back in 2006, which is a net increase of $5,829 Subtract from that the median mortgage repayment increase of $7,932 and a mortgage broker’s clients could be up to $-2,102 better off each year even without factoring in mortgage rate cuts.