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 FLAGSTAFF HILL is number 2397th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service FLAGSTAFF HILL, 5159.
FLAGSTAFF HILL 5159 has seen a high level of growth in it’s population over the last five years.
With a median housing loan repayment of $1,700 a month, FLAGSTAFF HILL , 5159 mortgage brokers are seeing mortgage holders paying $502 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in FLAGSTAFF HILL, 5159 should have seen some difference. While the latest census median annual household figure income is now $85,800, it was $71,058 back in 2006, which is a net increase of $14,742 Subtract from that the median mortgage repayment increase of $6,024 and a mortgage broker’s clients could be up to $8,718 better off each year even without factoring in mortgage rate cuts.