No matter where in WA you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in SWANBOURNE , 6010 is $1,630,002 this month which means that a mortgage for 80% of that value would be $1,304,001.
SWANBOURNE 6010 has seen a decline in it’s population over the last five years.
In WA the median mortgage repayment has increased from $1,121 to $1,676 which is $-924 less than the median monthly home loan repayment in SWANBOURNE, WA.
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.