There are a number of BALLARAT NORTH, 3350 mortgage brokers that can help you find the right home loan. With median house prices at $332,500 for this VIC suburb, it's important that you have someone shop around and get you the best mortgage deal.
Across the whole country BALLARAT NORTH,3350 is number 1660th fastest growing suburb by population growth, and 370th in State. Its population grew by 40 people over the last five years.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $177 more than the median monthly home loan repayment in BALLARAT NORTH, VIC.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BALLARAT NORTH, 3350 should have seen some difference. While the latest census median annual household figure income is now $45,656, it was $40,128 back in 2006, which is a net increase of $5,527 Subtract from that the median mortgage repayment increase of $2,604 and a mortgage broker’s clients could be up to $2,923 better off each year even without factoring in mortgage rate cuts.