If you’re looking to buy in WESTMEADOWS then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have not risen much to $560,000 over the last year.
WESTMEADOWS, 3049 is number 1178th in a list of the country’s fastest growing suburbs, and number 301th in State. It has had an average population growth of -67.20 over the period between the last two national censuses.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in WESTMEADOWS, 3049 rank at number 534th in State or 3684th 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 WESTMEADOWS, 3049 should have seen some difference. While the latest census median annual household figure income is now $64,168, it was $54,241 back in 2006, which is a net increase of $9,926 Subtract from that the median mortgage repayment increase of $5,070 and a mortgage broker’s clients could be up to $4,856 better off each year even without factoring in mortgage rate cuts.