Australia’s total population growth over the last five years has been 2102.00 This means that GLENDALOUGH, 6016’s growth of -527 people is considerably above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,625 which is $542 more every month. As a percentage rise, this makes GLENDALOUGH, 6016 the number 3252th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GLENDALOUGH, 6016 should have seen some difference. While the latest census median annual household figure income is now $52,052, it was $36,899 back in 2006, which is a net increase of $15,152 Subtract from that the median mortgage repayment increase of $6,504 and a mortgage broker’s clients could be up to $8,648 better off each year even without factoring in mortgage rate cuts.