Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BALWYN, 3103 is already $2,075,000, which makes it the number 7th in VIC on a list ordered by most expensive. Make sure that you get good BALWYN mortgage broker to look for the best deal.
Between 2005 and 2011 the population of BALWYN, 3103 grew an average of -473.80 people each year. This figure of 2568.60% per annum means BALWYN is one of the fastest growing suburbs in VIC.
BALWYN, 3103 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,800 to $2,174.
Weekly gross incomes in BALWYN, 3103 have increased by $192. In the same period median mortgage loan repayments have increased by $374.