Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in ALBION, 3020 is already $580,000, which makes it the number 295th in VIC on a list ordered by most expensive. Make sure that you get good ALBION mortgage broker to look for the best deal.
Across the whole country ALBION,3020 is number 1525th fastest growing suburb by population growth, and 357th in State. Its population grew by 573 people over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in ALBION, 3020 rank at number 470th in State or 3328th nationally when listed in order of median monthly mortgage payment.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, ALBION VIC would be 980th with 41.14.