House prices in WOLLERT have seen little 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.
WOLLERT 3750 has seen steady growth in it’s population over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,400 which is $1,400 more every month. As a percentage rise, this makes WOLLERT, 3750 the number 504th 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 WOLLERT, 3750 should have seen some difference. While the latest census median annual household figure income is now $71,500, it was $54,589 back in 2006, which is a net increase of $16,910 Subtract from that the median mortgage repayment increase of $16,800 and a mortgage broker’s clients could be up to $110 better off each year even without factoring in mortgage rate cuts.