There are a number of BURWOOD, 3125 mortgage brokers that can help you find the right home loan. With median house prices at $1,305,000 for this VIC suburb, it's important that you have someone shop around and get you the best mortgage deal.
BURWOOD 3125 has seen a high level of growth in it’s population over the last five years.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-523 less than the median monthly home loan repayment in BURWOOD, VIC.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BURWOOD, 3125 should have seen some difference. While the latest census median annual household figure income is now $57,148, it was $52,400 back in 2006, which is a net increase of $4,747 Subtract from that the median mortgage repayment increase of $6,000 and a mortgage broker’s clients could be up to $-1,252 better off each year even without factoring in mortgage rate cuts.