Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in PALMYRA, 6157 is already $612,000, which makes it the number 114th in WA on a list ordered by most expensive. Make sure that you get good PALMYRA mortgage broker to look for the best deal.
With a net change of 362 people, PALMYRA 6157 has grown when compared to other suburbs in WA.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in PALMYRA, 6157 rank at number 263th in State or 1043th 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 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.