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 WAUCHOPE is number 3111th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service WAUCHOPE, 2446.
WAUCHOPE, 2446 is number 1063th in a list of the country’s fastest growing suburbs, and number 347th in State. It has had an average population growth of -9.80 over the period between the last two national censuses.
With a median housing loan repayment of $1,500 a month, WAUCHOPE , 2446 mortgage brokers are seeing mortgage holders paying $395 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WAUCHOPE, 2446 should have seen some difference. While the latest census median annual household figure income is now $38,220, it was $32,874 back in 2006, which is a net increase of $5,345 Subtract from that the median mortgage repayment increase of $4,740 and a mortgage broker’s clients could be up to $605 better off each year even without factoring in mortgage rate cuts.