If you’re looking to buy in NOVAR GARDENS then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased to $601,000 over the last year.
The average suburb population growth in SA has been 2052.85% since 2006, so the 2225.00% population change in NOVAR GARDENS 5040 is above average.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in NOVAR GARDENS, 5040 rank at number 525th in State or 4855th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in NOVAR GARDENS, 5040 should have seen some difference. While the latest census median annual household figure income is now $51,168, it was $52,436 back in 2006, which is a net increase of $-1,268 Subtract from that the median mortgage repayment increase of $3,600 and a mortgage broker’s clients could be up to $-4,868 better off each year even without factoring in mortgage rate cuts.