House prices in YARRAVILLE have seen a high level of 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.
YARRAVILLE 3013 has seen a high level of growth in it’s population over the last five years.
Mortgage brokers in YARRAVILLE, 3013 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,600 to $2,200.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in YARRAVILLE, 3013 should have seen some difference. While the latest census median annual household figure income is now $82,316, it was $58,344 back in 2006, which is a net increase of $23,972 Subtract from that the median mortgage repayment increase of $7,200 and a mortgage broker’s clients could be up to $16,772 better off each year even without factoring in mortgage rate cuts.