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 YOKINE , 6060 is $630,000 this month which means that a mortgage for 80% of that value would be $504,000.
Between 2005 and 2011 the population of YOKINE, 6060 grew an average of 204.40 people each year. This figure of 2102.60% per annum means YOKINE is one of the fastest growing suburbs in WA.
Mortgage brokers in YOKINE, 6060 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,213 to $1,950.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in YOKINE, 6060 should have seen some difference. While the latest census median annual household figure income is now $62,712, it was $44,465 back in 2006, which is a net increase of $18,246 Subtract from that the median mortgage repayment increase of $8,844 and a mortgage broker’s clients could be up to $9,402 better off each year even without factoring in mortgage rate cuts.