Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then ROWVILLE is number 979th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service ROWVILLE, 3178.
ROWVILLE 3178 has seen considerable shrinkage in it’s population over the last five years.
ROWVILLE 3178 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 ROWVILLE, 3178 should have seen some difference. While the latest census median annual household figure income is now $88,712, it was $73,070 back in 2006, which is a net increase of $15,641 Subtract from that the median mortgage repayment increase of $5,040 and a mortgage broker’s clients could be up to $10,601 better off each year even without factoring in mortgage rate cuts.