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 WILLASTON , 5118 is $304,500 this month which means that a mortgage for 80% of that value would be $243,600.
WILLASTON, 5118 is number 1924th in a list of the country’s fastest growing suburbs, and number 148th in State. It has had an average population growth of 17.00 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 WILLASTON, 5118 rank at number 319th in State or 3182th 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 WILLASTON, 5118 should have seen some difference. While the latest census median annual household figure income is now $51,480, it was $43,342 back in 2006, which is a net increase of $8,138 Subtract from that the median mortgage repayment increase of $5,412 and a mortgage broker’s clients could be up to $2,726 better off each year even without factoring in mortgage rate cuts.