No matter where in VIC 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 BENTLEIGH , 3204 is $1,360,000 this month which means that a mortgage for 80% of that value would be $1,088,000.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 14819.00% population change in BENTLEIGH 3204 is well above average.
BENTLEIGH, 3204 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,517 to $2,000.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BENTLEIGH, 3204 should have seen some difference. While the latest census median annual household figure income is now $78,936, it was $59,280 back in 2006, which is a net increase of $19,656 Subtract from that the median mortgage repayment increase of $5,796 and a mortgage broker’s clients could be up to $13,860 better off each year even without factoring in mortgage rate cuts.