Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then CARNEGIE is number 353th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service CARNEGIE, 3163.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 16199.00% population change in CARNEGIE 3163 is well above average.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-538 less than the median monthly home loan repayment in CARNEGIE, VIC.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CARNEGIE, 3163 should have seen some difference. While the latest census median annual household figure income is now $66,872, it was $51,906 back in 2006, which is a net increase of $14,965 Subtract from that the median mortgage repayment increase of $6,240 and a mortgage broker’s clients could be up to $8,725 better off each year even without factoring in mortgage rate cuts.