Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in WARRANDYTE, 3113 is already $900,000, which makes it the number 122th in VIC on a list ordered by most expensive. Make sure that you get good WARRANDYTE mortgage broker to look for the best deal.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 5419.00% population change in WARRANDYTE 3113 is above average.
WARRANDYTE, 3113 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,650 to $2,000.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WARRANDYTE, 3113 should have seen some difference. While the latest census median annual household figure income is now $105,352, it was $84,463 back in 2006, which is a net increase of $20,888 Subtract from that the median mortgage repayment increase of $4,200 and a mortgage broker’s clients could be up to $16,688 better off each year even without factoring in mortgage rate cuts.