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 DROMANA is number 1744th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service DROMANA, 3936.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 5025.00% population change in DROMANA 3936 is above average.
Mortgage brokers in DROMANA, 3936 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,083 to $1,500.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in DROMANA, 3936 should have seen some difference. While the latest census median annual household figure income is now $45,656, it was $37,450 back in 2006, which is a net increase of $8,205 Subtract from that the median mortgage repayment increase of $5,004 and a mortgage broker’s clients could be up to $3,201 better off each year even without factoring in mortgage rate cuts.