No matter where in SA you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in GLANDORE , 5037 is $628,500 this month which means that a mortgage for 80% of that value would be $502,800.
Between 2005 and 2011 the population of GLANDORE, 5037 grew an average of 2.40 people each year. This figure of 547.40% per annum means GLANDORE is one of the more rapidly growing suburbs in SA.
Mortgage payments in GLANDORE , 5037 have increased by $424 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GLANDORE, 5037 should have seen some difference. While the latest census median annual household figure income is now $61,620, it was $49,545 back in 2006, which is a net increase of $12,074 Subtract from that the median mortgage repayment increase of $5,088 and a mortgage broker’s clients could be up to $6,986 better off each year even without factoring in mortgage rate cuts.