If you’re looking to buy in NARRE WARREN then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have not risen much to $525,500 over the last year.
With a net change of 216 people, NARRE WARREN 3805 has grown when compared to other suburbs in VIC.
NARRE WARREN, 3805 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 $1,200 to $1,600.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in NARRE WARREN, 3805 should have seen some difference. While the latest census median annual household figure income is now $66,092, it was $56,149 back in 2006, which is a net increase of $9,942 Subtract from that the median mortgage repayment increase of $4,800 and a mortgage broker’s clients could be up to $5,142 better off each year even without factoring in mortgage rate cuts.