No matter where in VIC you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in BENDIGO , 3550 is $415,000 this month which means that a mortgage for 80% of that value would be $332,000.
BENDIGO 3550 has seen considerable shrinkage in it’s population over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,300 which is $347 more every month. As a percentage rise, this makes BENDIGO, 3550 the number 4574th 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 $183 which is a theoretical $18,044 available for a BENDIGO mortgage broker to find a home loan.