If you’re looking to buy in SEDDON then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $957,500 over the last year.
Between 2005 and 2011 the population of SEDDON, 3011 grew an average of 40.00 people each year. This figure of 950.20% per annum means SEDDON is one of the more rapidly growing suburbs in VIC.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-600 less than the median monthly home loan repayment in SEDDON, VIC.
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.