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 WARILLA is number 2357th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service WARILLA, 2528.
Australia’s total population growth over the last five years has been 6307.00 This means that WARILLA, 2528’s growth of 794 people is well above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,625 which is $395 more every month. As a percentage rise, this makes WARILLA, 2528 the number 3252th 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 WARILLA, 2528 should have seen some difference. While the latest census median annual household figure income is now $37,960, it was $30,711 back in 2006, which is a net increase of $7,248 Subtract from that the median mortgage repayment increase of $4,746 and a mortgage broker’s clients could be up to $2,502 better off each year even without factoring in mortgage rate cuts.