No matter where in VIC you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in KNOXFIELD , 3180 is $728,000 this month which means that a mortgage for 80% of that value would be $582,400.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 7040.00% population change in KNOXFIELD 3180 is well above average.
With a median housing loan repayment of $1,700 a month, KNOXFIELD , 3180 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 KNOXFIELD, 3180 should have seen some difference. While the latest census median annual household figure income is now $68,224, it was $58,219 back in 2006, which is a net increase of $10,004 Subtract from that the median mortgage repayment increase of $6,000 and a mortgage broker’s clients could be up to $4,004 better off each year even without factoring in mortgage rate cuts.