House prices in SEBASTOPOL have seen negative growth over the last year, which means it's more important than ever to get a good VIC mortgage broker to help you choose the right home loan product.
Between 2005 and 2011 the population of SEBASTOPOL, 3356 grew an average of 270.60 people each year. This figure of 1859.60% per annum means SEBASTOPOL is one of the fastest growing suburbs in VIC.
Mortgage brokers in SEBASTOPOL, 3356 have seen that the median mortgage loan repayment has decreased slightly between the last two census periods, changing from $910 to $1,202.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SEBASTOPOL, 3356 should have seen some difference. While the latest census median annual household figure income is now $39,728, it was $32,838 back in 2006, which is a net increase of $6,890 Subtract from that the median mortgage repayment increase of $3,504 and a mortgage broker’s clients could be up to $3,386 better off each year even without factoring in mortgage rate cuts.