Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in DOREEN, 3754 is already $510,000, which makes it the number 361th in VIC on a list ordered by most expensive. Make sure that you get good DOREEN mortgage broker to look for the best deal.
Across the whole country DOREEN,3754 is number 368th fastest growing suburb by population growth, and 142th in State. Its population grew by 7825 people over the last five years.
Mortgage brokers in DOREEN, 3754 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,800 to $2,167.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in DOREEN, 3754 should have seen some difference. While the latest census median annual household figure income is now $93,236, it was $80,984 back in 2006, which is a net increase of $12,251 Subtract from that the median mortgage repayment increase of $4,404 and a mortgage broker’s clients could be up to $7,847 better off each year even without factoring in mortgage rate cuts.