If you’re looking to buy in YARRA GLEN then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased to $600,000 over the last year.
Across the whole country YARRA GLEN,3775 is number 2295th fastest growing suburb by population growth, and 442th in State. Its population grew by 12 people over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in YARRA GLEN, 3775 rank at number 707th in State or 4436th nationally when listed in order of median monthly mortgage payment.
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.