There are a number of BRIGHTON, 3186 mortgage brokers that can help you find the right home loan. With median house prices at $2,650,000 for this VIC suburb, it's important that you have someone shop around and get you the best mortgage deal.
Australia’s total population growth over the last five years has been 21157.00 This means that BRIGHTON, 3186’s growth of 607 people is well above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $3,000 which is $833 more every month. As a percentage rise, this makes BRIGHTON, 3186 the number 91th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BRIGHTON, 3186 should have seen some difference. While the latest census median annual household figure income is now $114,400, it was $93,906 back in 2006, which is a net increase of $20,493 Subtract from that the median mortgage repayment increase of $9,996 and a mortgage broker’s clients could be up to $10,497 better off each year even without factoring in mortgage rate cuts.