House prices in SWAN HILL 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 10330.00% population change in SWAN HILL 3585 is well above average.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $177 more than the median monthly home loan repayment in SWAN HILL, VIC.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SWAN HILL, 3585 should have seen some difference. While the latest census median annual household figure income is now $46,072, it was $38,402 back in 2006, which is a net increase of $7,670 Subtract from that the median mortgage repayment increase of $4,164 and a mortgage broker’s clients could be up to $3,506 better off each year even without factoring in mortgage rate cuts.