House prices in FAIRFIELD have seen a high level of growth over the last year, which means it's more important than ever to get a good VIC mortgage broker to help you choose the right home loan product.
FAIRFIELD 3078 has seen a high level of growth in it’s population over the last five years.
With a median housing loan repayment of $2,000 a month, FAIRFIELD , 3078 mortgage brokers are seeing mortgage holders paying $500 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in FAIRFIELD, 3078 should have seen some difference. While the latest census median annual household figure income is now $73,164, it was $54,407 back in 2006, which is a net increase of $18,756 Subtract from that the median mortgage repayment increase of $6,000 and a mortgage broker’s clients could be up to $12,756 better off each year even without factoring in mortgage rate cuts.