Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in TECOMA, 3160 is already $580,000, which makes it the number 275th in VIC on a list ordered by most expensive. Make sure that you get good TECOMA mortgage broker to look for the best deal.
Between 2005 and 2011 the population of TECOMA, 3160 grew an average of -20.60 people each year. This figure of 397.40% per annum means TECOMA is one of the more rapidly growing suburbs in VIC.
Mortgage brokers in TECOMA, 3160 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,200 to $1,560.
Weekly gross incomes in TECOMA, 3160 have increased by $260. In the same period median mortgage loan repayments have increased by $360.