No matter where in WA 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 SORRENTO , 6020 is $925,000 this month which means that a mortgage for 80% of that value would be $740,000.
WA has seen an average of 2893.52% rowth over the last 5 years. This means that with well above the state figure, SORRENTO, 6020 figure of 24 represents a 7271.00% change.
SORRENTO, 6020 has seen a substantial 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 $1,517 to $2,167.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SORRENTO, 6020 should have seen some difference. While the latest census median annual household figure income is now $107,380, it was $82,295 back in 2006, which is a net increase of $25,084 Subtract from that the median mortgage repayment increase of $7,800 and a mortgage broker’s clients could be up to $17,284 better off each year even without factoring in mortgage rate cuts.