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 ANGLESEA is number 1244th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service ANGLESEA, 3230.
ANGLESEA, 3230 is number 2409th in a list of the country’s fastest growing suburbs, and number 454th in State. It has had an average population growth of 32.20 over the period between the last two national censuses.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in ANGLESEA, 3230 rank at number 291th in State or 2574th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ANGLESEA, 3230 should have seen some difference. While the latest census median annual household figure income is now $49,972, it was $40,944 back in 2006, which is a net increase of $9,027 Subtract from that the median mortgage repayment increase of $6,144 and a mortgage broker’s clients could be up to $2,883 better off each year even without factoring in mortgage rate cuts.