House prices in SPRINGVALE have seen quite a lot of 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.
Across the whole country SPRINGVALE,3171 is number 107th fastest growing suburb by population growth, and 57th in State. Its population grew by 1341 people over the last five years.
With a median housing loan repayment of $1,500 a month, SPRINGVALE , 3171 mortgage brokers are seeing mortgage holders paying $417 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 SPRINGVALE, 3171 should have seen some difference. While the latest census median annual household figure income is now $45,968, it was $36,160 back in 2006, which is a net increase of $9,807 Subtract from that the median mortgage repayment increase of $5,004 and a mortgage broker’s clients could be up to $4,803 better off each year even without factoring in mortgage rate cuts.