No matter where in WA you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in MANDURAH , 6210 is $290,000 this month which means that a mortgage for 80% of that value would be $232,000.
MANDURAH, 6210 is number 809th in a list of the country’s fastest growing suburbs, and number 93th in State. It has had an average population growth of 183.80 over the period between the last two national censuses.
MANDURAH 6210 homeowners are paying around 65.00% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay much more than the median average increase of WA which is 53.23%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MANDURAH, 6210 should have seen some difference. While the latest census median annual household figure income is now $35,308, it was $27,653 back in 2006, which is a net increase of $7,654 Subtract from that the median mortgage repayment increase of $7,020 and a mortgage broker’s clients could be up to $634 better off each year even without factoring in mortgage rate cuts.