House prices in MADDINGTON have seen slightly negative growth over the last year, which means it's more important than ever to get a good WA mortgage broker to help you choose the right home loan product.
Between 2005 and 2011 the population of MADDINGTON, 6109 grew an average of 170.00 people each year. This figure of 1977.20% per annum means MADDINGTON is one of the fastest growing suburbs in WA.
In WA the median mortgage repayment has increased from $1,121 to $1,676 which is $76 more than the median monthly home loan repayment in MADDINGTON, WA.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MADDINGTON, 6109 should have seen some difference. While the latest census median annual household figure income is now $56,940, it was $42,655 back in 2006, which is a net increase of $14,284 Subtract from that the median mortgage repayment increase of $7,884 and a mortgage broker’s clients could be up to $6,400 better off each year even without factoring in mortgage rate cuts.