House prices in FERNTREE GULLY have seen quite a lot 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.
Australia’s total population growth over the last five years has been 25485.00 This means that FERNTREE GULLY, 3156’s growth of 862 people is well above the mean for the country as a whole.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-223 less than the median monthly home loan repayment in FERNTREE GULLY, VIC.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in FERNTREE GULLY, 3156 should have seen some difference. While the latest census median annual household figure income is now $66,404, it was $54,745 back in 2006, which is a net increase of $11,658 Subtract from that the median mortgage repayment increase of $6,096 and a mortgage broker’s clients could be up to $5,562 better off each year even without factoring in mortgage rate cuts.