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 PALMYRA , 6157 is $640,000 this month which means that a mortgage for 80% of that value would be $512,000.
With a net change of 362 people, PALMYRA 6157 has grown when compared to other suburbs in WA.
Mortgage brokers in PALMYRA, 6157 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,300 to $2,000.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in PALMYRA, 6157 should have seen some difference. While the latest census median annual household figure income is now $67,808, it was $47,262 back in 2006, which is a net increase of $20,545 Subtract from that the median mortgage repayment increase of $8,400 and a mortgage broker’s clients could be up to $12,145 better off each year even without factoring in mortgage rate cuts.