There are a number of FRANKSTON SOUTH, 3199 mortgage brokers that can help you find the right home loan. With median house prices at $671,000 for this VIC suburb, it's important that you have someone shop around and get you the best mortgage deal.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with well above the state figure, FRANKSTON SOUTH, 3199 figure of 252 represents a 17512.00% change.
FRANKSTON SOUTH 3199 homeowners are paying around 30.91% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than the median average increase of VIC which is 35.71%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in FRANKSTON SOUTH, 3199 should have seen some difference. While the latest census median annual household figure income is now $71,344, it was $58,775 back in 2006, which is a net increase of $12,568 Subtract from that the median mortgage repayment increase of $5,100 and a mortgage broker’s clients could be up to $7,468 better off each year even without factoring in mortgage rate cuts.