House prices in KINGSTON BEACH have seen little growth over the last year, which means it's more important than ever to get a good TAS mortgage broker to help you choose the right home loan product.
Across the whole country KINGSTON BEACH,7050 is number 2685th fastest growing suburb by population growth, and 76th in State. Its population grew by -18 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,500 which is $525 more every month. As a percentage rise, this makes KINGSTON BEACH, 7050 the number 3916th 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 KINGSTON BEACH, 7050 should have seen some difference. While the latest census median annual household figure income is now $57,044, it was $53,014 back in 2006, which is a net increase of $4,030 Subtract from that the median mortgage repayment increase of $6,300 and a mortgage broker’s clients could be up to $-2,270 better off each year even without factoring in mortgage rate cuts.