Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in WATERFORD, 6152 is already $868,000, which makes it the number 44th in WA on a list ordered by most expensive. Make sure that you get good WATERFORD mortgage broker to look for the best deal.
Between 2005 and 2011 the population of WATERFORD, 6152 grew an average of 6.20 people each year. This figure of 397.20% per annum means WATERFORD is one of the average growth suburbs in WA.
With a median housing loan repayment of $2,000 a month, WATERFORD , 6152 mortgage brokers are seeing mortgage holders paying $267 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WATERFORD, 6152 should have seen some difference. While the latest census median annual household figure income is now $100,568, it was $80,043 back in 2006, which is a net increase of $20,524 Subtract from that the median mortgage repayment increase of $3,204 and a mortgage broker’s clients could be up to $17,320 better off each year even without factoring in mortgage rate cuts.