No matter where in TAS you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in NEW TOWN , 7008 is $532,000 this month which means that a mortgage for 80% of that value would be $425,600.
NEW TOWN 7008 has seen not much change in it’s population over the last five years.
Mortgage payments in NEW TOWN , 7008 have increased by $481 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 NEW TOWN, 7008 should have seen some difference. While the latest census median annual household figure income is now $53,976, it was $42,010 back in 2006, which is a net increase of $11,965 Subtract from that the median mortgage repayment increase of $5,772 and a mortgage broker’s clients could be up to $6,193 better off each year even without factoring in mortgage rate cuts.