There are a number of SWANBOURNE, 6010 mortgage brokers that can help you find the right home loan. With median house prices at $1,700,000 for this WA suburb, it's important that you have someone shop around and get you the best mortgage deal.
The average suburb population growth in WA has been 2893.52% since 2006, so the 3407.00% population change in SWANBOURNE 6010 is above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,600 which is $740 more every month. As a percentage rise, this makes SWANBOURNE, 6010 the number 243th 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 SWANBOURNE, 6010 should have seen some difference. While the latest census median annual household figure income is now $129,636, it was $87,344 back in 2006, which is a net increase of $42,291 Subtract from that the median mortgage repayment increase of $8,880 and a mortgage broker’s clients could be up to $33,411 better off each year even without factoring in mortgage rate cuts.