House prices in POINT LONSDALE have seen quite a lot of growth over the last year, which means it's more important than ever to get a good VIC mortgage broker to help you choose the right home loan product.
Australia’s total population growth over the last five years has been 2367.00 This means that POINT LONSDALE, 3225’s growth of -10 people is considerably above the mean for the country as a whole.
POINT LONSDALE 3225 homeowners are paying around 30.00% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than the median average increase of VIC which is 35.71%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in POINT LONSDALE, 3225 should have seen some difference. While the latest census median annual household figure income is now $51,896, it was $45,921 back in 2006, which is a net increase of $5,974 Subtract from that the median mortgage repayment increase of $3,600 and a mortgage broker’s clients could be up to $2,374 better off each year even without factoring in mortgage rate cuts.