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 MAYLANDS is number 1616th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service MAYLANDS, 6051.
Across the whole country MAYLANDS,6051 is number 312th fastest growing suburb by population growth, and 20th in State. Its population grew by 1905 people over the last five years.
Mortgage brokers in MAYLANDS, 6051 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,297 to $1,950.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MAYLANDS, 6051 should have seen some difference. While the latest census median annual household figure income is now $63,440, it was $41,979 back in 2006, which is a net increase of $21,460 Subtract from that the median mortgage repayment increase of $7,830 and a mortgage broker’s clients could be up to $13,630 better off each year even without factoring in mortgage rate cuts.