Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in WAIKIKI, 6169 is already $375,000, which makes it the number 315th in WA on a list ordered by most expensive. Make sure that you get good WAIKIKI mortgage broker to look for the best deal.
The average suburb population growth in WA has been 2893.52% since 2006, so the 11882.00% population change in WAIKIKI 6169 is well above average.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in WAIKIKI, 6169 rank at number 236th in State or 953th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WAIKIKI, 6169 should have seen some difference. While the latest census median annual household figure income is now $71,240, it was $55,172 back in 2006, which is a net increase of $16,068 Subtract from that the median mortgage repayment increase of $8,688 and a mortgage broker’s clients could be up to $7,380 better off each year even without factoring in mortgage rate cuts.