Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in HALLETT COVE, 5158 is already $467,000, which makes it the number 210th in SA on a list ordered by most expensive. Make sure that you get good HALLETT COVE mortgage broker to look for the best deal.
Between 2005 and 2011 the population of HALLETT COVE, 5158 grew an average of -3.00 people each year. This figure of 2431.20% per annum means HALLETT COVE is one of the fastest growing suburbs in SA.
Mortgage brokers in HALLETT COVE, 5158 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,083 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 HALLETT COVE, 5158 should have seen some difference. While the latest census median annual household figure income is now $76,180, it was $61,672 back in 2006, which is a net increase of $14,508 Subtract from that the median mortgage repayment increase of $6,204 and a mortgage broker’s clients could be up to $8,304 better off each year even without factoring in mortgage rate cuts.