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 RIVERVALE , 6103 is $570,000 this month which means that a mortgage for 80% of that value would be $456,000.
WA has seen an average of 2893.52% rowth over the last 5 years. This means that with well above the state figure, RIVERVALE, 6103 figure of 1331 represents a 8302.00% change.
RIVERVALE 6103 homeowners are paying around 60.00% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay much more than the median average increase of WA which is 53.23%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in RIVERVALE, 6103 should have seen some difference. While the latest census median annual household figure income is now $67,184, it was $40,596 back in 2006, which is a net increase of $26,587 Subtract from that the median mortgage repayment increase of $9,360 and a mortgage broker’s clients could be up to $17,227 better off each year even without factoring in mortgage rate cuts.