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 SORRENTO is number 732th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service SORRENTO, 6020.
The average suburb population growth in WA has been 2893.52% since 2006, so the 7271.00% population change in SORRENTO 6020 is well above average.
Mortgage payments in SORRENTO , 6020 have increased by $650 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 SORRENTO, 6020 should have seen some difference. While the latest census median annual household figure income is now $107,380, it was $82,295 back in 2006, which is a net increase of $25,084 Subtract from that the median mortgage repayment increase of $7,800 and a mortgage broker’s clients could be up to $17,284 better off each year even without factoring in mortgage rate cuts.