Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in DOVER GARDENS, 5048 is already $495,000, which makes it the number 176th in SA on a list ordered by most expensive. Make sure that you get good DOVER GARDENS mortgage broker to look for the best deal.
Across the whole country DOVER GARDENS,5048 is number 2318th fastest growing suburb by population growth, and 208th in State. Its population grew by 455 people over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in DOVER GARDENS, 5048 rank at number 242th in State or 2633th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in DOVER GARDENS, 5048 should have seen some difference. While the latest census median annual household figure income is now $48,776, it was $37,424 back in 2006, which is a net increase of $11,351 Subtract from that the median mortgage repayment increase of $6,000 and a mortgage broker’s clients could be up to $5,351 better off each year even without factoring in mortgage rate cuts.