House prices in BURWOOD EAST 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.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 10041.00% population change in BURWOOD EAST 3151 is well above average.
With a median housing loan repayment of $1,822 a month, BURWOOD EAST , 3151 mortgage brokers are seeing mortgage holders paying $422 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BURWOOD EAST, 3151 should have seen some difference. While the latest census median annual household figure income is now $61,048, it was $54,568 back in 2006, which is a net increase of $6,479 Subtract from that the median mortgage repayment increase of $5,064 and a mortgage broker’s clients could be up to $1,415 better off each year even without factoring in mortgage rate cuts.