Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in ASHBURTON, 3147 is already $1,570,000, which makes it the number 38th in VIC on a list ordered by most expensive. Make sure that you get good ASHBURTON mortgage broker to look for the best deal.
Between 2005 and 2011 the population of ASHBURTON, 3147 grew an average of 82.80 people each year. This figure of 1497.00% per annum means ASHBURTON is one of the fastest growing suburbs in VIC.
Mortgage brokers in ASHBURTON, 3147 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,711 to $2,300.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ASHBURTON, 3147 should have seen some difference. While the latest census median annual household figure income is now $91,780, it was $66,684 back in 2006, which is a net increase of $25,095 Subtract from that the median mortgage repayment increase of $7,068 and a mortgage broker’s clients could be up to $18,027 better off each year even without factoring in mortgage rate cuts.