Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in MOUNT LAWLEY, 6050 is already $923,250, which makes it the number 38th in WA on a list ordered by most expensive. Make sure that you get good MOUNT LAWLEY mortgage broker to look for the best deal.
The average suburb population growth in WA has been 2893.52% since 2006, so the 10602.00% population change in MOUNT LAWLEY 6050 is well above average.
In WA the median mortgage repayment has increased from $1,121 to $1,676 which is $-491 less than the median monthly home loan repayment in MOUNT LAWLEY, WA.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MOUNT LAWLEY, 6050 should have seen some difference. While the latest census median annual household figure income is now $89,336, it was $59,358 back in 2006, which is a net increase of $29,978 Subtract from that the median mortgage repayment increase of $6,900 and a mortgage broker’s clients could be up to $23,078 better off each year even without factoring in mortgage rate cuts.