House prices in EAST LAUNCESTON have seen slightly negative growth over the last year, which means it's more important than ever to get a good TAS mortgage broker to help you choose the right home loan product.
With a net change of -6 people, EAST LAUNCESTON 7250 has not grown much when compared to other suburbs in TAS.
EAST LAUNCESTON, 7250 has seen a average increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase 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 EAST LAUNCESTON, 7250 should have seen some difference. While the latest census median annual household figure income is now $70,824, it was $55,296 back in 2006, which is a net increase of $15,527 Subtract from that the median mortgage repayment increase of $5,004 and a mortgage broker’s clients could be up to $10,523 better off each year even without factoring in mortgage rate cuts.