Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in HAWTHORN, 5062 is already $1,065,000, which makes it the number 22th in SA on a list ordered by most expensive. Make sure that you get good HAWTHORN mortgage broker to look for the best deal.
HAWTHORN 5062 has seen not much change in it’s population over the last five years.
Mortgage brokers in HAWTHORN, 5062 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing 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.