House prices in BRIGHTON have seen a high level of growth over the last year, which means it's more important than ever to get a good VIC mortgage broker to help you choose the right home loan product.
Across the whole country BRIGHTON,3186 is number 78th fastest growing suburb by population growth, and 43th in State. Its population grew by 607 people over the last five years.
Mortgage brokers in BRIGHTON, 3186 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $2,167 to $3,000.
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.