House prices in GREENSBOROUGH 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.
GREENSBOROUGH 3088 has seen steady growth in it’s population over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,837 which is $537 more every month. As a percentage rise, this makes GREENSBOROUGH, 3088 the number 2325th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GREENSBOROUGH, 3088 should have seen some difference. While the latest census median annual household figure income is now $79,248, it was $64,292 back in 2006, which is a net increase of $14,955 Subtract from that the median mortgage repayment increase of $6,444 and a mortgage broker’s clients could be up to $8,511 better off each year even without factoring in mortgage rate cuts.