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 EDWARDSTOWN is number 2445th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service EDWARDSTOWN, 5039.
With a net change of 41 people, EDWARDSTOWN 5039 has not grown much when compared to other suburbs in SA.
In SA the median mortgage repayment has increased from $994 to $1,395 which is $-65 less than the median monthly home loan repayment in EDWARDSTOWN, SA.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in EDWARDSTOWN, 5039 should have seen some difference. While the latest census median annual household figure income is now $43,680, it was $34,637 back in 2006, which is a net increase of $9,042 Subtract from that the median mortgage repayment increase of $4,320 and a mortgage broker’s clients could be up to $4,722 better off each year even without factoring in mortgage rate cuts.