Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then WATERWAYS is number 534th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service WATERWAYS, 3195.
With a net change of 1356 people, WATERWAYS 3195 has grown considerably when compared to other suburbs in VIC.
Mortgage payments in WATERWAYS , 3195 have increased by $449 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 WATERWAYS, 3195 should have seen some difference. While the latest census median annual household figure income is now $125,320, it was $103,516 back in 2006, which is a net increase of $21,803 Subtract from that the median mortgage repayment increase of $5,394 and a mortgage broker’s clients could be up to $16,409 better off each year even without factoring in mortgage rate cuts.