Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in DARLINGTON, 5047 is already $450,000, which makes it the number 210th in SA on a list ordered by most expensive. Make sure that you get good DARLINGTON mortgage broker to look for the best deal.
Between 2005 and 2011 the population of DARLINGTON, 5047 grew an average of 13.60 people each year. This figure of 209.80% per annum means DARLINGTON is one of the average growth suburbs in SA.
DARLINGTON, 5047 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,083 to $1,928.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in DARLINGTON, 5047 should have seen some difference. While the latest census median annual household figure income is now $61,412, it was $43,503 back in 2006, which is a net increase of $17,908 Subtract from that the median mortgage repayment increase of $10,140 and a mortgage broker’s clients could be up to $7,768 better off each year even without factoring in mortgage rate cuts.