If you’re looking to buy in TAYLORS LAKES then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased to $662,000 over the last year.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 15995.00% population change in TAYLORS LAKES 3038 is well above average.
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.