House prices in EDITHVALE have seen a high level of growth over the last year, which means it's more important than ever to get a good VIC mortgage broker to help you choose the right home loan product.
EDITHVALE, 3196 is number 1199th in a list of the country’s fastest growing suburbs, and number 305th in State. It has had an average population growth of 91.60 over the period between the last two national censuses.
With a median housing loan repayment of $1,900 a month, EDITHVALE , 3196 mortgage brokers are seeing mortgage holders paying $600 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in EDITHVALE, 3196 should have seen some difference. While the latest census median annual household figure income is now $67,548, it was $52,161 back in 2006, which is a net increase of $15,386 Subtract from that the median mortgage repayment increase of $7,200 and a mortgage broker’s clients could be up to $8,186 better off each year even without factoring in mortgage rate cuts.