If you’re looking to buy in HAWTHORN then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $945,275 over the last year.
SA has seen an average of 2052.85% rowth over the last 5 years. This means that with above the state figure, HAWTHORN, 5062 figure of 56 represents a 2110.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,167 which is $669 more every month. As a percentage rise, this makes HAWTHORN, 5062 the number 846th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
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.