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 THOMASTOWN , 3074 is $610,500 this month which means that a mortgage for 80% of that value would be $488,400.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with well above the state figure, THOMASTOWN, 3074 figure of -273 represents a 20230.00% change.
Mortgage brokers in THOMASTOWN, 3074 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,100 to $1,517.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in THOMASTOWN, 3074 should have seen some difference. While the latest census median annual household figure income is now $46,800, it was $40,040 back in 2006, which is a net increase of $6,760 Subtract from that the median mortgage repayment increase of $5,004 and a mortgage broker’s clients could be up to $1,756 better off each year even without factoring in mortgage rate cuts.