If you’re looking to buy in BLACKBURN SOUTH then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $960,000 over the last year.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with well above the state figure, BLACKBURN SOUTH, 3130 figure of 457 represents a 10485.00% change.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-495 less than the median monthly home loan repayment in BLACKBURN SOUTH, VIC.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BLACKBURN SOUTH, 3130 should have seen some difference. While the latest census median annual household figure income is now $66,300, it was $56,825 back in 2006, which is a net increase of $9,474 Subtract from that the median mortgage repayment increase of $6,864 and a mortgage broker’s clients could be up to $2,610 better off each year even without factoring in mortgage rate cuts.