Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then BURNSIDE is number 1905th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service BURNSIDE, 3023.
BURNSIDE 3023 has seen considerable shrinkage in it’s population over the last five years.
Mortgage payments in BURNSIDE , 3023 have increased by $214 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BURNSIDE, 3023 should have seen some difference. While the latest census median annual household figure income is now $64,532, it was $59,784 back in 2006, which is a net increase of $4,747 Subtract from that the median mortgage repayment increase of $2,568 and a mortgage broker’s clients could be up to $2,179 better off each year even without factoring in mortgage rate cuts.