There are a number of KEILOR EAST, 3033 mortgage brokers that can help you find the right home loan. With median house prices at $702,500 for this VIC suburb, it's important that you have someone shop around and get you the best mortgage deal.
Between 2005 and 2011 the population of KEILOR EAST, 3033 grew an average of 38.00 people each year. This figure of 2631.80% per annum means KEILOR EAST is one of the fastest growing suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,733 which is $433 more every month. As a percentage rise, this makes KEILOR EAST, 3033 the number 2627th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in KEILOR EAST, 3033 should have seen some difference. While the latest census median annual household figure income is now $63,700, it was $55,276 back in 2006, which is a net increase of $8,424 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $3,228 better off each year even without factoring in mortgage rate cuts.