No matter where in SA 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 WOODCROFT , 5162 is $369,500 this month which means that a mortgage for 80% of that value would be $295,600.
WOODCROFT, 5162 is number 404th in a list of the country’s fastest growing suburbs, and number 15th in State. It has had an average population growth of 17.40 over the period between the last two national censuses.
Mortgage payments in WOODCROFT , 5162 have increased by $417 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WOODCROFT, 5162 should have seen some difference. While the latest census median annual household figure income is now $69,888, it was $58,468 back in 2006, which is a net increase of $11,419 Subtract from that the median mortgage repayment increase of $5,004 and a mortgage broker’s clients could be up to $6,415 better off each year even without factoring in mortgage rate cuts.