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 DELAHEY is number 2455th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service DELAHEY, 3037.
Between 2005 and 2011 the population of DELAHEY, 3037 grew an average of -55.60 people each year. This figure of 1668.60% per annum means DELAHEY is one of the fastest growing suburbs in VIC.
DELAHEY 3037 homeowners are paying around 32.54% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than 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 DELAHEY, 3037 should have seen some difference. While the latest census median annual household figure income is now $61,100, it was $54,709 back in 2006, which is a net increase of $6,390 Subtract from that the median mortgage repayment increase of $4,452 and a mortgage broker’s clients could be up to $1,938 better off each year even without factoring in mortgage rate cuts.