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 HAMPTON EAST is number 433th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service HAMPTON EAST, 3188.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with above the state figure, HAMPTON EAST, 3188 figure of 161 represents a 4295.00% change.
HAMPTON EAST, 3188 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,600 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 HAMPTON EAST, 3188 should have seen some difference. While the latest census median annual household figure income is now $62,660, it was $49,483 back in 2006, which is a net increase of $13,176 Subtract from that the median mortgage repayment increase of $6,804 and a mortgage broker’s clients could be up to $6,372 better off each year even without factoring in mortgage rate cuts.