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 LAWNTON is number 3038th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service LAWNTON, 4501.
Across the whole country LAWNTON,4501 is number 1230th fastest growing suburb by population growth, and 292th in State. Its population grew by -290 people over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in LAWNTON, 4501 rank at number 795th in State or 2341th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in LAWNTON, 4501 should have seen some difference. While the latest census median annual household figure income is now $56,212, it was $50,596 back in 2006, which is a net increase of $5,616 Subtract from that the median mortgage repayment increase of $6,396 and a mortgage broker’s clients could be up to $-780 better off each year even without factoring in mortgage rate cuts.