Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BEDFORD, 6052 is already $627,500, which makes it the number 113th in WA on a list ordered by most expensive. Make sure that you get good BEDFORD mortgage broker to look for the best deal.
Across the whole country BEDFORD,6052 is number 1344th fastest growing suburb by population growth, and 157th in State. Its population grew by 368 people over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in BEDFORD, 6052 rank at number 368th in State or 1675th 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 BEDFORD, 6052 should have seen some difference. While the latest census median annual household figure income is now $72,124, it was $55,338 back in 2006, which is a net increase of $16,785 Subtract from that the median mortgage repayment increase of $7,356 and a mortgage broker’s clients could be up to $9,429 better off each year even without factoring in mortgage rate cuts.