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 PASCOE VALE SOUTH is number 872th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service PASCOE VALE SOUTH, 3044.
Across the whole country PASCOE VALE SOUTH,3044 is number 527th fastest growing suburb by population growth, and 184th in State. Its population grew by 830 people over the last five years.
With a median housing loan repayment of $1,952 a month, PASCOE VALE SOUTH , 3044 mortgage brokers are seeing mortgage holders paying $522 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in PASCOE VALE SOUTH, 3044 should have seen some difference. While the latest census median annual household figure income is now $74,464, it was $56,430 back in 2006, which is a net increase of $18,033 Subtract from that the median mortgage repayment increase of $6,264 and a mortgage broker’s clients could be up to $11,769 better off each year even without factoring in mortgage rate cuts.