There are a number of SOMERVILLE, 3912 mortgage brokers that can help you find the right home loan. With median house prices at $460,000 for this VIC suburb, it's important that you have someone shop around and get you the best mortgage deal.
Australia’s total population growth over the last five years has been 10630.00 This means that SOMERVILLE, 3912’s growth of 697 people is well above the mean for the country as a whole.
With a median housing loan repayment of $1,606 a month, SOMERVILLE , 3912 mortgage brokers are seeing mortgage holders paying $393 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 SOMERVILLE, 3912 should have seen some difference. While the latest census median annual household figure income is now $66,924, it was $56,893 back in 2006, which is a net increase of $10,030 Subtract from that the median mortgage repayment increase of $4,716 and a mortgage broker’s clients could be up to $5,314 better off each year even without factoring in mortgage rate cuts.