If you’re looking to buy in STIRLING then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $800,000 over the last year.
With a net change of 2123 people, STIRLING 6021 has grown considerably when compared to other suburbs in WA.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,383 which is $783 more every month. As a percentage rise, this makes STIRLING, 6021 the number 555th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in STIRLING, 6021 should have seen some difference. While the latest census median annual household figure income is now $91,312, it was $61,344 back in 2006, which is a net increase of $29,967 Subtract from that the median mortgage repayment increase of $9,396 and a mortgage broker’s clients could be up to $20,571 better off each year even without factoring in mortgage rate cuts.