If you’re looking to buy in CHELSEA then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $895,000 over the last year.
Across the whole country CHELSEA,3196 is number 824th fastest growing suburb by population growth, and 242th in State. Its population grew by 529 people over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in CHELSEA, 3196 rank at number 123th in State or 1535th 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 CHELSEA, 3196 should have seen some difference. While the latest census median annual household figure income is now $54,392, it was $38,490 back in 2006, which is a net increase of $15,901 Subtract from that the median mortgage repayment increase of $7,596 and a mortgage broker’s clients could be up to $8,305 better off each year even without factoring in mortgage rate cuts.