House prices in YARRA GLEN have seen little growth over the last year, which means it's more important than ever to get a good VIC mortgage broker to help you choose the right home loan product.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with above the state figure, YARRA GLEN, 3775 figure of 12 represents a 2511.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,700 which is $342 more every month. As a percentage rise, this makes YARRA GLEN, 3775 the number 3034th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in YARRA GLEN, 3775 should have seen some difference. While the latest census median annual household figure income is now $67,288, it was $58,146 back in 2006, which is a net increase of $9,141 Subtract from that the median mortgage repayment increase of $4,104 and a mortgage broker’s clients could be up to $5,037 better off each year even without factoring in mortgage rate cuts.