If you’re looking to buy in BAYSWATER then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased to $710,583 over the last year.
With a net change of 502 people, BAYSWATER 3153 has grown considerably when compared to other suburbs in VIC.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-123 less than the median monthly home loan repayment in BAYSWATER, VIC.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BAYSWATER, 3153 should have seen some difference. While the latest census median annual household figure income is now $60,372, it was $49,946 back in 2006, which is a net increase of $10,426 Subtract from that the median mortgage repayment increase of $5,400 and a mortgage broker’s clients could be up to $5,026 better off each year even without factoring in mortgage rate cuts.