If you’re looking to buy in MELVILLE then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased to $785,000 over the last year.
Across the whole country MELVILLE,6156 is number 1268th fastest growing suburb by population growth, and 148th in State. Its population grew by 376 people over the last five years.
In WA the median mortgage repayment has increased from $1,121 to $1,676 which is $-324 less than the median monthly home loan repayment in MELVILLE, WA.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MELVILLE, 6156 should have seen some difference. While the latest census median annual household figure income is now $81,484, it was $57,007 back in 2006, which is a net increase of $24,476 Subtract from that the median mortgage repayment increase of $6,840 and a mortgage broker’s clients could be up to $17,636 better off each year even without factoring in mortgage rate cuts.