AUSTRALIND is one of the less expensive suburbs in WA. Median home prices are $365,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $328,500 home loan.
With a net change of 3238 people, AUSTRALIND 6233 has grown considerably when compared to other suburbs in WA.
AUSTRALIND 6233 homeowners are paying around 66.67% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay much 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 AUSTRALIND, 6233 should have seen some difference. While the latest census median annual household figure income is now $85,176, it was $61,880 back in 2006, which is a net increase of $23,296 Subtract from that the median mortgage repayment increase of $9,600 and a mortgage broker’s clients could be up to $13,696 better off each year even without factoring in mortgage rate cuts.