GREENWITH is one of the averagely priced suburbs in SA. Median home prices are $466,500 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $419,850 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, GREENWITH, 5125 figure of -146 represents a 8976.00% change.
GREENWITH 5125 homeowners are paying around 42.87% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay about the same as the median average increase of SA which is 43.56%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GREENWITH, 5125 should have seen some difference. While the latest census median annual household figure income is now $79,872, it was $62,909 back in 2006, which is a net increase of $16,962 Subtract from that the median mortgage repayment increase of $6,240 and a mortgage broker’s clients could be up to $10,722 better off each year even without factoring in mortgage rate cuts.