If you’re looking to buy in LYNDHURST then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased to $598,500 over the last year.
Between 2005 and 2011 the population of LYNDHURST, 3975 grew an average of 897.80 people each year. This figure of 959.20% per annum means LYNDHURST is one of the more rapidly growing suburbs in VIC.
LYNDHURST, 3975 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 $1,716 to $2,266.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in LYNDHURST, 3975 should have seen some difference. While the latest census median annual household figure income is now $94,744, it was $68,608 back in 2006, which is a net increase of $26,135 Subtract from that the median mortgage repayment increase of $6,600 and a mortgage broker’s clients could be up to $19,535 better off each year even without factoring in mortgage rate cuts.