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 HAWTHORN , 5062 is $1,031,000 this month which means that a mortgage for 80% of that value would be $824,800.
Across the whole country HAWTHORN,5062 is number 2561th fastest growing suburb by population growth, and 252th in State. Its population grew by 56 people over the last five years.
HAWTHORN, 5062 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,497 to $2,167.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in HAWTHORN, 5062 should have seen some difference. While the latest census median annual household figure income is now $75,400, it was $61,453 back in 2006, which is a net increase of $13,946 Subtract from that the median mortgage repayment increase of $8,034 and a mortgage broker’s clients could be up to $5,912 better off each year even without factoring in mortgage rate cuts.