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 NARRE WARREN NORTH is number 891th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service NARRE WARREN NORTH, 3804.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with above the state figure, NARRE WARREN NORTH, 3804 figure of 1211 represents a 6111.00% change.
Mortgage brokers in NARRE WARREN NORTH, 3804 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,517 to $2,110.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in NARRE WARREN NORTH, 3804 should have seen some difference. While the latest census median annual household figure income is now $101,972, it was $86,907 back in 2006, which is a net increase of $15,064 Subtract from that the median mortgage repayment increase of $7,116 and a mortgage broker’s clients could be up to $7,948 better off each year even without factoring in mortgage rate cuts.