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 TRAFALGAR , 3824 is $331,000 this month which means that a mortgage for 80% of that value would be $264,800.
TRAFALGAR, 3824 is number 1784th in a list of the country’s fastest growing suburbs, and number 383th in State. It has had an average population growth of 187.20 over the period between the last two national censuses.
Mortgage payments in TRAFALGAR , 3824 have increased by $433 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in TRAFALGAR, 3824 should have seen some difference. While the latest census median annual household figure income is now $54,288, it was $41,100 back in 2006, which is a net increase of $13,187 Subtract from that the median mortgage repayment increase of $5,196 and a mortgage broker’s clients could be up to $7,991 better off each year even without factoring in mortgage rate cuts.