PROSPECT is one of the more expensive suburbs in SA. Median home prices are $610,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $549,000 home loan.
Australia’s total population growth over the last five years has been 12908.00 This means that PROSPECT, 5082’s growth of 627 people is well above the mean for the country as a whole.
PROSPECT, 5082 has seen a large 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 $1,755.
Mortgage brokers in PROSPECT, 5082 have clients whose median home loan repayment amounts in the latest census each month are $1,349 This means that in a list ranking mortgage payments by amount in SA their monthly home loan payments would place their suburb at number 154th.