There are a number of BEVERLEY, 5009 mortgage brokers that can help you find the right home loan. With median house prices at $467,000 for this SA suburb, it's important that you have someone shop around and get you the best mortgage deal.
Between 2005 and 2011 the population of BEVERLEY, 5009 grew an average of 10.40 people each year. This figure of 262.80% per annum means BEVERLEY is one of the average growth suburbs in SA.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,395 which is $395 more every month. As a percentage rise, this makes BEVERLEY, 5009 the number 4355th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BEVERLEY, 5009 should have seen some difference. While the latest census median annual household figure income is now $50,596, it was $37,965 back in 2006, which is a net increase of $12,630 Subtract from that the median mortgage repayment increase of $4,740 and a mortgage broker’s clients could be up to $7,890 better off each year even without factoring in mortgage rate cuts.