If you’re looking to buy in DEER PARK then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have not risen much to $510,000 over the last year.
DEER PARK, 3023 is number 164th in a list of the country’s fastest growing suburbs, and number 83th in State. It has had an average population growth of 810.80 over the period between the last two national censuses.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-193 less than the median monthly home loan repayment in DEER PARK, VIC.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in DEER PARK, 3023 should have seen some difference. While the latest census median annual household figure income is now $56,992, it was $42,832 back in 2006, which is a net increase of $14,159 Subtract from that the median mortgage repayment increase of $7,044 and a mortgage broker’s clients could be up to $7,115 better off each year even without factoring in mortgage rate cuts.