Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then HIGHGATE is number 804th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service HIGHGATE, 5063.
SA has seen an average of 2052.85% rowth over the last 5 years. This means that with pretty equal to the state figure, HIGHGATE, 5063 figure of 47 represents a 1345.00% change.
Mortgage payments in HIGHGATE , 5063 have increased by $580 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in HIGHGATE, 5063 should have seen some difference. While the latest census median annual household figure income is now $78,988, it was $66,097 back in 2006, which is a net increase of $12,890 Subtract from that the median mortgage repayment increase of $6,960 and a mortgage broker’s clients could be up to $5,930 better off each year even without factoring in mortgage rate cuts.