No matter where in SA 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 PARK HOLME , 5043 is $491,000 this month which means that a mortgage for 80% of that value would be $392,800.
With a net change of 414 people, PARK HOLME 5043 has grown considerably when compared to other suburbs in SA.
In SA the median mortgage repayment has increased from $994 to $1,395 which is $-405 less than the median monthly home loan repayment in PARK HOLME, SA.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in PARK HOLME, 5043 should have seen some difference. While the latest census median annual household figure income is now $44,772, it was $32,723 back in 2006, which is a net increase of $12,048 Subtract from that the median mortgage repayment increase of $9,492 and a mortgage broker’s clients could be up to $2,556 better off each year even without factoring in mortgage rate cuts.