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 DONVALE is number 566th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service DONVALE, 3111.
DONVALE, 3111 is number 335th in a list of the country’s fastest growing suburbs, and number 133th in State. It has had an average population growth of 25.40 over the period between the last two national censuses.
Mortgage payments in DONVALE , 3111 have increased by $523 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 DONVALE, 3111 should have seen some difference. While the latest census median annual household figure income is now $83,876, it was $69,222 back in 2006, which is a net increase of $14,653 Subtract from that the median mortgage repayment increase of $6,276 and a mortgage broker’s clients could be up to $8,377 better off each year even without factoring in mortgage rate cuts.