BECKENHAM is one of the less expensive suburbs in WA. Median home prices are $410,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $369,000 home loan.
WA has seen an average of 2893.52% rowth over the last 5 years. This means that with well above the state figure, BECKENHAM, 6107 figure of 688 represents a 6527.00% change.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in BECKENHAM, 6107 rank at number 345th in State or 1535th 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 BECKENHAM, 6107 should have seen some difference. While the latest census median annual household figure income is now $63,076, it was $50,674 back in 2006, which is a net increase of $12,402 Subtract from that the median mortgage repayment increase of $7,596 and a mortgage broker’s clients could be up to $4,806 better off each year even without factoring in mortgage rate cuts.