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 WATSONIA is number 1055th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service WATSONIA, 3087.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 5045.00% population change in WATSONIA 3087 is above average.
Mortgage brokers in WATSONIA, 3087 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,289 to $1,733.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WATSONIA, 3087 should have seen some difference. While the latest census median annual household figure income is now $60,840, it was $49,899 back in 2006, which is a net increase of $10,940 Subtract from that the median mortgage repayment increase of $5,328 and a mortgage broker’s clients could be up to $5,612 better off each year even without factoring in mortgage rate cuts.