There are a number of TAYLORS LAKES, 3038 mortgage brokers that can help you find the right home loan. With median house prices at $650,250 for this VIC suburb, it's important that you have someone shop around and get you the best mortgage deal.
Between 2005 and 2011 the population of TAYLORS LAKES, 3038 grew an average of -83.40 people each year. This figure of 3199.00% per annum means TAYLORS LAKES is one of the fastest growing suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,600 which is $300 more every month. As a percentage rise, this makes TAYLORS LAKES, 3038 the number 3373th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in TAYLORS LAKES, 3038 should have seen some difference. While the latest census median annual household figure income is now $86,372, it was $68,978 back in 2006, which is a net increase of $17,394 Subtract from that the median mortgage repayment increase of $3,600 and a mortgage broker’s clients could be up to $13,794 better off each year even without factoring in mortgage rate cuts.