If you were to buy a house locally at the current median price of $265,000 and had 10% deposit, then you would need a mortgage for $238,500. This is relatively small mortgage compared to state.
Between 2005 and 2011 the population of ARMADALE, 6112 grew an average of 166.60 people each year. This figure of 2550.60% per annum means ARMADALE is one of the fastest growing suburbs in WA.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,467 which is $600 more every month. As a percentage rise, this makes ARMADALE, 6112 the number 4098th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The median mortgage repayment in ARMADALE, WA is 38.08% of the median household income.