Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in SWAN HILL, 3585 is already $263,000, which makes it the number 615th in VIC on a list ordered by most expensive. Make sure that you get good SWAN HILL mortgage broker to look for the best deal.
With a net change of 550 people, SWAN HILL 3585 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 SWAN HILL, 3585 rank at number 694th in State or 4368th 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 SWAN HILL, 3585 should have seen some difference. While the latest census median annual household figure income is now $46,072, it was $38,402 back in 2006, which is a net increase of $7,670 Subtract from that the median mortgage repayment increase of $4,164 and a mortgage broker’s clients could be up to $3,506 better off each year even without factoring in mortgage rate cuts.