Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then BRUNSWICK is number 521th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service BRUNSWICK, 3056.
BRUNSWICK, 3056 is number 62th in a list of the country’s fastest growing suburbs, and number 38th in State. It has had an average population growth of 396.60 over the period between the last two national censuses.
Mortgage payments in BRUNSWICK , 3056 have increased by $488 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BRUNSWICK, 3056 should have seen some difference. While the latest census median annual household figure income is now $74,516, it was $55,822 back in 2006, which is a net increase of $18,694 Subtract from that the median mortgage repayment increase of $5,856 and a mortgage broker’s clients could be up to $12,838 better off each year even without factoring in mortgage rate cuts.