BALLARAT EAST is one of the least expensive suburbs in VIC. Median home prices are $285,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $256,500 home loan.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with above the state figure, BALLARAT EAST, 3350 figure of 313 represents a 5208.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,192 which is $271 more every month. As a percentage rise, this makes BALLARAT EAST, 3350 the number 5193th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $165 which is a theoretical $14,118 available for a BALLARAT EAST mortgage broker to find a home loan.