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 ADELAIDE , 5000 is $785,000 this month which means that a mortgage for 80% of that value would be $628,000.
SA has seen an average of 2052.85% rowth over the last 5 years. This means that with well above the state figure, ADELAIDE, 5000 figure of 2731 represents a 12861.00% change.
With a median housing loan repayment of $1,842 a month, ADELAIDE , 5000 mortgage brokers are seeing mortgage holders paying $356 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 ADELAIDE, 5000 should have seen some difference. While the latest census median annual household figure income is now $49,348, it was $46,446 back in 2006, which is a net increase of $2,901 Subtract from that the median mortgage repayment increase of $4,272 and a mortgage broker’s clients could be up to $-1,370 better off each year even without factoring in mortgage rate cuts.