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 LANGWARRIN is number 1880th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service LANGWARRIN, 3910.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 21270.00% population change in LANGWARRIN 3910 is well above average.
LANGWARRIN, 3910 has seen a average 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 $1,296 to $1,733.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in LANGWARRIN, 3910 should have seen some difference. While the latest census median annual household figure income is now $71,968, it was $59,488 back in 2006, which is a net increase of $12,480 Subtract from that the median mortgage repayment increase of $5,244 and a mortgage broker’s clients could be up to $7,236 better off each year even without factoring in mortgage rate cuts.