Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in WATTLE GROVE, 6107 is already $544,000, which makes it the number 156th in WA on a list ordered by most expensive. Make sure that you get good WATTLE GROVE mortgage broker to look for the best deal.
With a net change of 1781 people, WATTLE GROVE 6107 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 $2,331 which is $906 more every month. As a percentage rise, this makes WATTLE GROVE, 6107 the number 625th 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 WATTLE GROVE, 6107 should have seen some difference. While the latest census median annual household figure income is now $101,608, it was $70,881 back in 2006, which is a net increase of $30,726 Subtract from that the median mortgage repayment increase of $10,878 and a mortgage broker’s clients could be up to $19,848 better off each year even without factoring in mortgage rate cuts.