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 ELIZABETH is number 4119th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service ELIZABETH, 5112.
With a net change of 87 people, ELIZABETH 5112 has not grown much when compared to other suburbs in SA.
ELIZABETH 5112 homeowners are paying around 42.12% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay about the same as the median average increase of SA which is 43.56%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ELIZABETH, 5112 should have seen some difference. While the latest census median annual household figure income is now $34,008, it was $30,248 back in 2006, which is a net increase of $3,759 Subtract from that the median mortgage repayment increase of $4,008 and a mortgage broker’s clients could be up to $-248 better off each year even without factoring in mortgage rate cuts.