If you’re looking to buy in BENTLEIGH then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $1,375,000 over the last year.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 14819.00% population change in BENTLEIGH 3204 is well above average.
BENTLEIGH 3204 homeowners are paying around 31.84% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than the median average increase of VIC which is 35.71%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BENTLEIGH, 3204 should have seen some difference. While the latest census median annual household figure income is now $78,936, it was $59,280 back in 2006, which is a net increase of $19,656 Subtract from that the median mortgage repayment increase of $5,796 and a mortgage broker’s clients could be up to $13,860 better off each year even without factoring in mortgage rate cuts.