Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BEACONSFIELD, 6162 is already $687,000, which makes it the number 87th in WA on a list ordered by most expensive. Make sure that you get good BEACONSFIELD mortgage broker to look for the best deal.
Across the whole country BEACONSFIELD,6162 is number 1426th fastest growing suburb by population growth, and 166th in State. Its population grew by 530 people over the last five years.
Mortgage brokers in BEACONSFIELD, 6162 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,422 to $2,300.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BEACONSFIELD, 6162 should have seen some difference. While the latest census median annual household figure income is now $55,640, it was $42,094 back in 2006, which is a net increase of $13,546 Subtract from that the median mortgage repayment increase of $10,530 and a mortgage broker’s clients could be up to $3,016 better off each year even without factoring in mortgage rate cuts.