If you’re looking to buy in COOGEE then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased to $805,000 over the last year.
Australia’s total population growth over the last five years has been 4042.00 This means that COOGEE, 6166’s growth of -168 people is considerably above the mean for the country as a whole.
Mortgage brokers in COOGEE, 6166 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,300 to $2,000.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in COOGEE, 6166 should have seen some difference. While the latest census median annual household figure income is now $93,236, it was $63,616 back in 2006, which is a net increase of $29,619 Subtract from that the median mortgage repayment increase of $8,400 and a mortgage broker’s clients could be up to $21,219 better off each year even without factoring in mortgage rate cuts.