Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in WATERWAYS, 3195 is already $1,041,000, which makes it the number 111th in VIC on a list ordered by most expensive. Make sure that you get good WATERWAYS mortgage broker to look for the best deal.
WATERWAYS 3195 has seen a high level of growth in it’s population over the last five years.
With a median housing loan repayment of $2,633 a month, WATERWAYS , 3195 mortgage brokers are seeing mortgage holders paying $449 more than 2006.
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.