If you’re looking to buy in WILLIAMSTOWN then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $1,410,000 over the last year.
Australia’s total population growth over the last five years has been 13102.00 This means that WILLIAMSTOWN, 3016’s growth of 469 people is well above the mean for the country as a whole.
WILLIAMSTOWN 3016 homeowners are paying around 27.47% 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 WILLIAMSTOWN, 3016 should have seen some difference. While the latest census median annual household figure income is now $93,184, it was $69,102 back in 2006, which is a net increase of $24,081 Subtract from that the median mortgage repayment increase of $5,604 and a mortgage broker’s clients could be up to $18,477 better off each year even without factoring in mortgage rate cuts.