Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BRIGHTON, 5048 is already $749,000, which makes it the number 62th in SA on a list ordered by most expensive. Make sure that you get good BRIGHTON mortgage broker to look for the best deal.
SA has seen an average of 2052.85% rowth over the last 5 years. This means that with well above the state figure, BRIGHTON, 5048 figure of 59 represents a 3297.00% change.
With a median housing loan repayment of $1,733 a month, BRIGHTON , 5048 mortgage brokers are seeing mortgage holders paying $533 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BRIGHTON, 5048 should have seen some difference. While the latest census median annual household figure income is now $58,136, it was $52,598 back in 2006, which is a net increase of $5,538 Subtract from that the median mortgage repayment increase of $6,396 and a mortgage broker’s clients could be up to $-858 better off each year even without factoring in mortgage rate cuts.