Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in CAMPBELLFIELD, 3061 is already $393,000, which makes it the number 432th in VIC on a list ordered by most expensive. Make sure that you get good CAMPBELLFIELD mortgage broker to look for the best deal.
Australia’s total population growth over the last five years has been 5366.00 This means that CAMPBELLFIELD, 3061’s growth of 65 people is well above the mean for the country as a whole.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in CAMPBELLFIELD, 3061 rank at number 585th in State or 3865th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CAMPBELLFIELD, 3061 should have seen some difference. While the latest census median annual household figure income is now $40,768, it was $33,254 back in 2006, which is a net increase of $7,514 Subtract from that the median mortgage repayment increase of $4,800 and a mortgage broker’s clients could be up to $2,714 better off each year even without factoring in mortgage rate cuts.