Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in KEILOR DOWNS, 3038 is already $618,000, which makes it the number 291th in VIC on a list ordered by most expensive. Make sure that you get good KEILOR DOWNS mortgage broker to look for the best deal.
With a net change of -659 people, KEILOR DOWNS 3038 has has shrunk quite a lot when compared to other suburbs in VIC.
Mortgage brokers in KEILOR DOWNS, 3038 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,200 to $1,517.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in KEILOR DOWNS, 3038 should have seen some difference. While the latest census median annual household figure income is now $65,416, it was $58,411 back in 2006, which is a net increase of $7,004 Subtract from that the median mortgage repayment increase of $3,804 and a mortgage broker’s clients could be up to $3,200 better off each year even without factoring in mortgage rate cuts.