ROBINVALE is one of the least expensive suburbs in VIC. Median home prices are $194,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $174,600 home loan.
With a net change of -80 people, ROBINVALE 3549 has has shrunk when compared to other suburbs in VIC.
ROBINVALE 3549 homeowners are paying around 35.26% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay about the same as 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 ROBINVALE, 3549 should have seen some difference. While the latest census median annual household figure income is now $40,040, it was $39,956 back in 2006, which is a net increase of $83 Subtract from that the median mortgage repayment increase of $3,300 and a mortgage broker’s clients could be up to $-3,216 better off each year even without factoring in mortgage rate cuts.