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 MOSSMAN is number 3908th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service MOSSMAN, 4873.
MOSSMAN, 4873 is number 2881th in a list of the country’s fastest growing suburbs, and number 657th in State. It has had an average population growth of -1.80 over the period between the last two national censuses.
MOSSMAN, 4873 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,200 to $1,820.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MOSSMAN, 4873 should have seen some difference. While the latest census median annual household figure income is now $45,084, it was $40,794 back in 2006, which is a net increase of $4,290 Subtract from that the median mortgage repayment increase of $7,440 and a mortgage broker’s clients could be up to $-3,150 better off each year even without factoring in mortgage rate cuts.