Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then LILYDALE is number 1553th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service LILYDALE, 3140.
LILYDALE 3140 has seen a high level of growth in it’s population over the last five years.
Mortgage brokers in LILYDALE, 3140 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,300 to $1,733.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in LILYDALE, 3140 should have seen some difference. While the latest census median annual household figure income is now $66,768, it was $57,054 back in 2006, which is a net increase of $9,713 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $4,517 better off each year even without factoring in mortgage rate cuts.