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 TRUGANINA , 3029 is $480,000 this month which means that a mortgage for 80% of that value would be $384,000.
Across the whole country TRUGANINA,3029 is number 575th fastest growing suburb by population growth, and 195th in State. Its population grew by 7060 people over the last five years.
TRUGANINA 3029 homeowners are paying around 24.92% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than the median average increase of VIC which is 35.71%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in TRUGANINA, 3029 should have seen some difference. While the latest census median annual household figure income is now $75,452, it was $71,245 back in 2006, which is a net increase of $4,206 Subtract from that the median mortgage repayment increase of $4,668 and a mortgage broker’s clients could be up to $-461 better off each year even without factoring in mortgage rate cuts.