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 WOODVALE , 6026 is $640,000 this month which means that a mortgage for 80% of that value would be $512,000.
Australia’s total population growth over the last five years has been 9102.00 This means that WOODVALE, 6026’s growth of -506 people is well above the mean for the country as a whole.
WOODVALE 6026 homeowners are paying around 50.00% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay more than the median average increase of WA which is 53.23%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WOODVALE, 6026 should have seen some difference. While the latest census median annual household figure income is now $103,792, it was $78,499 back in 2006, which is a net increase of $25,292 Subtract from that the median mortgage repayment increase of $7,800 and a mortgage broker’s clients could be up to $17,492 better off each year even without factoring in mortgage rate cuts.