Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in MURRAY BRIDGE, 5253 is already $230,000, which makes it the number 426th in SA on a list ordered by most expensive. Make sure that you get good MURRAY BRIDGE mortgage broker to look for the best deal.
Australia’s total population growth over the last five years has been 13791.00 This means that MURRAY BRIDGE, 5253’s growth of 2164 people is well above the mean for the country as a whole.
Mortgage payments in MURRAY BRIDGE , 5253 have increased by $392 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 MURRAY BRIDGE, 5253 should have seen some difference. While the latest census median annual household figure income is now $39,780, it was $32,037 back in 2006, which is a net increase of $7,742 Subtract from that the median mortgage repayment increase of $4,704 and a mortgage broker’s clients could be up to $3,038 better off each year even without factoring in mortgage rate cuts.