If you’re looking to buy in BLACKBURN then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $1,251,000 over the last year.
Across the whole country BLACKBURN,3130 is number 292th fastest growing suburb by population growth, and 124th in State. Its population grew by 837 people over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in BLACKBURN, 3130 rank at number 223th in State or 2201th 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 BLACKBURN, 3130 should have seen some difference. While the latest census median annual household figure income is now $78,416, it was $60,907 back in 2006, which is a net increase of $17,508 Subtract from that the median mortgage repayment increase of $6,576 and a mortgage broker’s clients could be up to $10,932 better off each year even without factoring in mortgage rate cuts.