There are a number of BONBEACH, 3196 mortgage brokers that can help you find the right home loan. With median house prices at $738,000 for this VIC suburb, it's important that you have someone shop around and get you the best mortgage deal.
BONBEACH 3196 has seen a high level of growth in it’s population over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,816 which is $516 more every month. As a percentage rise, this makes BONBEACH, 3196 the number 2365th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BONBEACH, 3196 should have seen some difference. While the latest census median annual household figure income is now $59,384, it was $45,058 back in 2006, which is a net increase of $14,326 Subtract from that the median mortgage repayment increase of $6,192 and a mortgage broker’s clients could be up to $8,134 better off each year even without factoring in mortgage rate cuts.