No matter where in WA 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 NORTH FREMANTLE , 6159 is $892,500 this month which means that a mortgage for 80% of that value would be $714,000.
NORTH FREMANTLE, 6159 is number 2240th in a list of the country’s fastest growing suburbs, and number 260th in State. It has had an average population growth of 28.00 over the period between the last two national censuses.
NORTH FREMANTLE, 6159 has seen a substantial 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 $1,800 to $2,600.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in NORTH FREMANTLE, 6159 should have seen some difference. While the latest census median annual household figure income is now $96,668, it was $68,437 back in 2006, which is a net increase of $28,230 Subtract from that the median mortgage repayment increase of $9,600 and a mortgage broker’s clients could be up to $18,630 better off each year even without factoring in mortgage rate cuts.