House prices in GROVEDALE have seen slightly negative 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.
GROVEDALE 3216 has seen a high level of growth in it’s population over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in GROVEDALE, 3216 rank at number 629th in State or 4044th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GROVEDALE, 3216 should have seen some difference. While the latest census median annual household figure income is now $58,916, it was $51,578 back in 2006, which is a net increase of $7,337 Subtract from that the median mortgage repayment increase of $4,632 and a mortgage broker’s clients could be up to $2,705 better off each year even without factoring in mortgage rate cuts.