Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in WANTIRNA SOUTH, 3152 is already $880,000, which makes it the number 154th in VIC on a list ordered by most expensive. Make sure that you get good WANTIRNA SOUTH mortgage broker to look for the best deal.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 17377.00% population change in WANTIRNA SOUTH 3152 is well above average.
With a median housing loan repayment of $1,733 a month, WANTIRNA SOUTH , 3152 mortgage brokers are seeing mortgage holders paying $433 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 WANTIRNA SOUTH, 3152 should have seen some difference. While the latest census median annual household figure income is now $75,608, it was $62,706 back in 2006, which is a net increase of $12,901 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $7,705 better off each year even without factoring in mortgage rate cuts.