Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in ROCKINGHAM, 6168 is already $388,000, which makes it the number 299th in WA on a list ordered by most expensive. Make sure that you get good ROCKINGHAM mortgage broker to look for the best deal.
ROCKINGHAM, 6168 is number 223th in a list of the country’s fastest growing suburbs, and number 12th in State. It has had an average population growth of 238.40 over the period between the last two national censuses.
In WA the median mortgage repayment has increased from $1,121 to $1,676 which is $-57 less than the median monthly home loan repayment in ROCKINGHAM, WA.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ROCKINGHAM, 6168 should have seen some difference. While the latest census median annual household figure income is now $46,852, it was $34,658 back in 2006, which is a net increase of $12,194 Subtract from that the median mortgage repayment increase of $7,800 and a mortgage broker’s clients could be up to $4,394 better off each year even without factoring in mortgage rate cuts.