No matter where in VIC you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in SEDDON , 3011 is $990,000 this month which means that a mortgage for 80% of that value would be $792,000.
Australia’s total population growth over the last five years has been 4751.00 This means that SEDDON, 3011’s growth of 200 people is considerably above the mean for the country as a whole.
With a median housing loan repayment of $2,077 a month, SEDDON , 3011 mortgage brokers are seeing mortgage holders paying $477 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SEDDON, 3011 should have seen some difference. While the latest census median annual household figure income is now $81,172, it was $60,008 back in 2006, which is a net increase of $21,164 Subtract from that the median mortgage repayment increase of $5,724 and a mortgage broker’s clients could be up to $15,440 better off each year even without factoring in mortgage rate cuts.