If you were to buy a house locally at the current median price of $1,230,000 and had 10% deposit, then you would need a mortgage for $1,107,000. This is a very large mortgage compared to state.
ASHWOOD, 3147 is number 1030th in a list of the country’s fastest growing suburbs, and number 279th in State. It has had an average population growth of 41.00 over the period between the last two national censuses.
ASHWOOD 3147 homeowners are paying around 33.29% 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%.
Weekly gross incomes in ASHWOOD, 3147 have increased by $221. In the same period median mortgage loan repayments have increased by $499.