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 SEACOMBE GARDENS , 5047 is $448,500 this month which means that a mortgage for 80% of that value would be $358,800.
SEACOMBE GARDENS, 5047 is number 2338th in a list of the country’s fastest growing suburbs, and number 213th in State. It has had an average population growth of 108.40 over the period between the last two national censuses.
Mortgage brokers in SEACOMBE GARDENS, 5047 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $924 to $1,807.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SEACOMBE GARDENS, 5047 should have seen some difference. While the latest census median annual household figure income is now $42,952, it was $32,817 back in 2006, which is a net increase of $10,134 Subtract from that the median mortgage repayment increase of $10,596 and a mortgage broker’s clients could be up to $-461 better off each year even without factoring in mortgage rate cuts.