House prices in BOX HILL SOUTH have seen a high level 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 311 people, BOX HILL SOUTH 3128 has grown 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 BOX HILL SOUTH, 3128 rank at number 139th in State or 1748th 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 BOX HILL SOUTH, 3128 should have seen some difference. While the latest census median annual household figure income is now $68,432, it was $57,174 back in 2006, which is a net increase of $11,258 Subtract from that the median mortgage repayment increase of $7,200 and a mortgage broker’s clients could be up to $4,058 better off each year even without factoring in mortgage rate cuts.