Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in HOVE, 5048 is already $660,000, which makes it the number 91th in SA on a list ordered by most expensive. Make sure that you get good HOVE mortgage broker to look for the best deal.
HOVE, 5048 is number 2123th in a list of the country’s fastest growing suburbs, and number 177th in State. It has had an average population growth of 31.40 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,600 which is $400 more every month. As a percentage rise, this makes HOVE, 5048 the number 3373th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, HOVE SA would be 1909th with 36.41.