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 ROSE PARK , 5067 is $1,350,000 this month which means that a mortgage for 80% of that value would be $1,080,000.
Across the whole country ROSE PARK,5067 is number 3182th fastest growing suburb by population growth, and 339th in State. Its population grew by 102 people over the last five years.
ROSE PARK 5067 homeowners are paying around 42.85% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay about the same as the median average increase of SA which is 43.56%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ROSE PARK, 5067 should have seen some difference. While the latest census median annual household figure income is now $97,656, it was $79,232 back in 2006, which is a net increase of $18,423 Subtract from that the median mortgage repayment increase of $7,800 and a mortgage broker’s clients could be up to $10,623 better off each year even without factoring in mortgage rate cuts.