Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in NORTHCOTE, 3070 is already $1,123,000, which makes it the number 78th in VIC on a list ordered by most expensive. Make sure that you get good NORTHCOTE mortgage broker to look for the best deal.
Across the whole country NORTHCOTE,3070 is number 61th fastest growing suburb by population growth, and 37th in State. Its population grew by 859 people over the last five years.
NORTHCOTE 3070 homeowners are paying around 32.70% 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%.
The local median household income has increased by $439 which is a theoretical $25,792 available for a NORTHCOTE mortgage broker to find a home loan.