There are a number of MURRUMBEENA, 3163 mortgage brokers that can help you find the right home loan. With median house prices at $1,370,000 for this VIC suburb, it's important that you have someone shop around and get you the best mortgage deal.
Australia’s total population growth over the last five years has been 8492.00 This means that MURRUMBEENA, 3163’s growth of 360 people is well above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $483 more every month. As a percentage rise, this makes MURRUMBEENA, 3163 the number 1453th 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 MURRUMBEENA, 3163 should have seen some difference. While the latest census median annual household figure income is now $70,408, it was $56,274 back in 2006, which is a net increase of $14,133 Subtract from that the median mortgage repayment increase of $5,796 and a mortgage broker’s clients could be up to $8,337 better off each year even without factoring in mortgage rate cuts.