Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in CLEARVIEW, 5085 is already $415,000, which makes it the number 251th in SA on a list ordered by most expensive. Make sure that you get good CLEARVIEW mortgage broker to look for the best deal.
Australia’s total population growth over the last five years has been 3352.00 This means that CLEARVIEW, 5085’s growth of 281 people is considerably above the mean for the country as a whole.
With a median housing loan repayment of $1,517 a month, CLEARVIEW , 5085 mortgage brokers are seeing mortgage holders paying $477 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 CLEARVIEW, 5085 should have seen some difference. While the latest census median annual household figure income is now $45,396, it was $35,386 back in 2006, which is a net increase of $10,010 Subtract from that the median mortgage repayment increase of $5,724 and a mortgage broker’s clients could be up to $4,286 better off each year even without factoring in mortgage rate cuts.