There are a number of MALVERN EAST, 3145 mortgage brokers that can help you find the right home loan. With median house prices at $1,700,000 for this VIC suburb, it's important that you have someone shop around and get you the best mortgage deal.
MALVERN EAST 3145 has seen a high level of growth in it’s population over the last five years.
MALVERN EAST 3145 homeowners are paying around 23.39% 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 MALVERN EAST, 3145 should have seen some difference. While the latest census median annual household figure income is now $89,180, it was $72,550 back in 2006, which is a net increase of $16,629 Subtract from that the median mortgage repayment increase of $5,460 and a mortgage broker’s clients could be up to $11,169 better off each year even without factoring in mortgage rate cuts.