Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in PAYNEHAM, 5070 is already $600,000, which makes it the number 117th in SA on a list ordered by most expensive. Make sure that you get good PAYNEHAM mortgage broker to look for the best deal.
Between 2005 and 2011 the population of PAYNEHAM, 5070 grew an average of 6.40 people each year. This figure of 424.00% per annum means PAYNEHAM is one of the more rapidly growing suburbs in SA.
In SA the median mortgage repayment has increased from $994 to $1,395 which is $-244 less than the median monthly home loan repayment in PAYNEHAM, SA.
The local median household income has increased by $266 which is a theoretical $26,156 available for a PAYNEHAM mortgage broker to find a home loan.