Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in MARANGAROO, 6064 is already $435,000, which makes it the number 260th in WA on a list ordered by most expensive. Make sure that you get good MARANGAROO mortgage broker to look for the best deal.
The average suburb population growth in WA has been 2893.52% since 2006, so the 10418.00% population change in MARANGAROO 6064 is well above average.
Mortgage payments in MARANGAROO , 6064 have increased by $568 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MARANGAROO, 6064 should have seen some difference. While the latest census median annual household figure income is now $64,740, it was $51,506 back in 2006, which is a net increase of $13,234 Subtract from that the median mortgage repayment increase of $6,816 and a mortgage broker’s clients could be up to $6,418 better off each year even without factoring in mortgage rate cuts.