Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in MANNINGHAM, 5086 is already $627,000, which makes it the number 102th in SA on a list ordered by most expensive. Make sure that you get good MANNINGHAM mortgage broker to look for the best deal.
With a net change of 55 people, MANNINGHAM 5086 has not grown much when compared to other suburbs in SA.
MANNINGHAM 5086 homeowners are paying around 36.33% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay about the same as the median average increase of SA which is 43.56%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MANNINGHAM, 5086 should have seen some difference. While the latest census median annual household figure income is now $73,164, it was $55,707 back in 2006, which is a net increase of $17,456 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $12,260 better off each year even without factoring in mortgage rate cuts.