House prices in SOUTH MORANG have seen little 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.
With a net change of 8550 people, SOUTH MORANG 3752 has grown considerably when compared to other suburbs in VIC.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in SOUTH MORANG, 3752 rank at number 400th in State or 3006th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SOUTH MORANG, 3752 should have seen some difference. While the latest census median annual household figure income is now $81,952, it was $64,178 back in 2006, which is a net increase of $17,773 Subtract from that the median mortgage repayment increase of $5,640 and a mortgage broker’s clients could be up to $12,133 better off each year even without factoring in mortgage rate cuts.