If you’re looking to buy in BRIGHTON then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $2,287,500 over the last year.
BRIGHTON, 3186 is number 78th in a list of the country’s fastest growing suburbs, and number 43th in State. It has had an average population growth of 121.40 over the period between the last two national censuses.
BRIGHTON 3186 homeowners are paying around 38.44% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay about the same as the median average increase of VIC which is 35.71%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BRIGHTON, 3186 should have seen some difference. While the latest census median annual household figure income is now $114,400, it was $93,906 back in 2006, which is a net increase of $20,493 Subtract from that the median mortgage repayment increase of $9,996 and a mortgage broker’s clients could be up to $10,497 better off each year even without factoring in mortgage rate cuts.