House prices in RED CLIFFS have seen negative 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.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 4526.00% population change in RED CLIFFS 3496 is above average.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $394 more than the median monthly home loan repayment in RED CLIFFS, VIC.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in RED CLIFFS, 3496 should have seen some difference. While the latest census median annual household figure income is now $42,588, it was $37,122 back in 2006, which is a net increase of $5,465 Subtract from that the median mortgage repayment increase of $2,652 and a mortgage broker’s clients could be up to $2,813 better off each year even without factoring in mortgage rate cuts.