There are a number of TORQUAY, 3228 mortgage brokers that can help you find the right home loan. With median house prices at $650,000 for this VIC suburb, it's important that you have someone shop around and get you the best mortgage deal.
TORQUAY 3228 has seen a high level of growth in it’s population over the last five years.
With a median housing loan repayment of $2,167 a month, TORQUAY , 3228 mortgage brokers are seeing mortgage holders paying $824 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 TORQUAY, 3228 should have seen some difference. While the latest census median annual household figure income is now $74,360, it was $56,622 back in 2006, which is a net increase of $17,737 Subtract from that the median mortgage repayment increase of $9,888 and a mortgage broker’s clients could be up to $7,849 better off each year even without factoring in mortgage rate cuts.