House prices in BERWICK have seen quite a lot 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.
With a net change of 8360 people, BERWICK 3806 has grown considerably when compared to other suburbs in VIC.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in BERWICK, 3806 rank at number 227th in State or 2233th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BERWICK, 3806 should have seen some difference. While the latest census median annual household figure income is now $81,068, it was $63,549 back in 2006, which is a net increase of $17,518 Subtract from that the median mortgage repayment increase of $6,504 and a mortgage broker’s clients could be up to $11,014 better off each year even without factoring in mortgage rate cuts.