House prices in GRANGE have seen quite a lot of growth over the last year, which means it's more important than ever to get a good SA mortgage broker to help you choose the right home loan product.
GRANGE, 5022 is number 1089th in a list of the country’s fastest growing suburbs, and number 47th in State. It has had an average population growth of 124.20 over the period between the last two national censuses.
Mortgage brokers in GRANGE, 5022 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,170 to $1,700.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GRANGE, 5022 should have seen some difference. While the latest census median annual household figure income is now $61,672, it was $53,476 back in 2006, which is a net increase of $8,195 Subtract from that the median mortgage repayment increase of $6,360 and a mortgage broker’s clients could be up to $1,835 better off each year even without factoring in mortgage rate cuts.