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 SANDY BAY is number 888th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service SANDY BAY, 7005.
SANDY BAY 7005 has seen considerable shrinkage in it’s population over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $600 more every month. As a percentage rise, this makes SANDY BAY, 7005 the number 1453th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $197 which is a theoretical $31,200 available for a SANDY BAY mortgage broker to find a home loan.