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 BLACKBURN is number 404th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service BLACKBURN, 3130.
Between 2005 and 2011 the population of BLACKBURN, 3130 grew an average of 167.40 people each year. This figure of 2539.00% per annum means BLACKBURN is one of the fastest growing suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $548 more every month. As a percentage rise, this makes BLACKBURN, 3130 the number 1453th 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 median mortgage repayment in BLACKBURN, VIC is 30.61% of the median household income.