House prices in GOWANBRAE have seen quite a lot 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.
GOWANBRAE 3043 has seen a high level of growth in it’s population over the last five years.
GOWANBRAE 3043 homeowners are paying around 23.55% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than the median average increase of VIC which is 35.71%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GOWANBRAE, 3043 should have seen some difference. While the latest census median annual household figure income is now $78,104, it was $76,689 back in 2006, which is a net increase of $1,414 Subtract from that the median mortgage repayment increase of $4,758 and a mortgage broker’s clients could be up to $-3,343 better off each year even without factoring in mortgage rate cuts.