Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then SALISBURY NORTH is number 3910th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service SALISBURY NORTH, 5108.
SA has seen an average of 2052.85% rowth over the last 5 years. This means that with well above the state figure, SALISBURY NORTH, 5108 figure of 463 represents a 9177.00% change.
SALISBURY NORTH, 5108 has seen a low increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $830 to $1,278.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SALISBURY NORTH, 5108 should have seen some difference. While the latest census median annual household figure income is now $42,224, it was $35,620 back in 2006, which is a net increase of $6,604 Subtract from that the median mortgage repayment increase of $5,376 and a mortgage broker’s clients could be up to $1,228 better off each year even without factoring in mortgage rate cuts.