Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in REDCLIFFE, 6104 is already $481,250, which makes it the number 217th in WA on a list ordered by most expensive. Make sure that you get good REDCLIFFE mortgage broker to look for the best deal.
The average suburb population growth in WA has been 2893.52% since 2006, so the 4657.00% population change in REDCLIFFE 6104 is above average.
Mortgage payments in REDCLIFFE , 6104 have increased by $609 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in REDCLIFFE, 6104 should have seen some difference. While the latest census median annual household figure income is now $70,720, it was $50,674 back in 2006, which is a net increase of $20,046 Subtract from that the median mortgage repayment increase of $7,314 and a mortgage broker’s clients could be up to $12,732 better off each year even without factoring in mortgage rate cuts.