Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then BALWYN is number 78th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service BALWYN, 3103.
Across the whole country BALWYN,3103 is number 283th fastest growing suburb by population growth, and 121th in State. Its population grew by -2369 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,174 which is $374 more every month. As a percentage rise, this makes BALWYN, 3103 the number 841th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
On a national list of suburbs ranked by median mortgage repayments, BALWYN would be 853th.