If you’re looking to buy in ELSTERNWICK then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $1,610,000 over the last year.
Across the whole country ELSTERNWICK,3185 is number 503th fastest growing suburb by population growth, and 175th in State. Its population grew by 487 people over the last five years.
Mortgage brokers in ELSTERNWICK, 3185 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,700 to $2,167.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ELSTERNWICK, 3185 should have seen some difference. While the latest census median annual household figure income is now $81,536, it was $60,018 back in 2006, which is a net increase of $21,517 Subtract from that the median mortgage repayment increase of $5,604 and a mortgage broker’s clients could be up to $15,913 better off each year even without factoring in mortgage rate cuts.