House prices in WANGARATTA have seen negative 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.
WANGARATTA, 3677 is number 139th in a list of the country’s fastest growing suburbs, and number 75th in State. It has had an average population growth of 297.40 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,300 which is $380 more every month. As a percentage rise, this makes WANGARATTA, 3677 the number 4574th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WANGARATTA, 3677 should have seen some difference. While the latest census median annual household figure income is now $43,940, it was $37,960 back in 2006, which is a net increase of $5,980 Subtract from that the median mortgage repayment increase of $4,560 and a mortgage broker’s clients could be up to $1,420 better off each year even without factoring in mortgage rate cuts.