FULHAM GARDENS is one of the more expensive suburbs in SA. Median home prices are $636,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $572,400 home loan.
SA has seen an average of 2052.85% rowth over the last 5 years. This means that with well above the state figure, FULHAM GARDENS, 5024 figure of -65 represents a 5777.00% change.
Mortgage brokers in FULHAM GARDENS, 5024 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,300 to $1,600.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in FULHAM GARDENS, 5024 should have seen some difference. While the latest census median annual household figure income is now $57,356, it was $48,859 back in 2006, which is a net increase of $8,496 Subtract from that the median mortgage repayment increase of $3,600 and a mortgage broker’s clients could be up to $4,896 better off each year even without factoring in mortgage rate cuts.