Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in STRATHMORE HEIGHTS, 3041 is already $800,000, which makes it the number 178th in VIC on a list ordered by most expensive. Make sure that you get good STRATHMORE HEIGHTS mortgage broker to look for the best deal.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with pretty equal to the state figure, STRATHMORE HEIGHTS, 3041 figure of 11 represents a 834.00% change.
With a median housing loan repayment of $1,800 a month, STRATHMORE HEIGHTS , 3041 mortgage brokers are seeing mortgage holders paying $400 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 STRATHMORE HEIGHTS, 3041 should have seen some difference. While the latest census median annual household figure income is now $81,900, it was $66,799 back in 2006, which is a net increase of $15,100 Subtract from that the median mortgage repayment increase of $4,800 and a mortgage broker’s clients could be up to $10,300 better off each year even without factoring in mortgage rate cuts.