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 BORONIA , 3155 is $600,000 this month which means that a mortgage for 80% of that value would be $480,000.
Between 2005 and 2011 the population of BORONIA, 3155 grew an average of 75.80 people each year. This figure of 4145.00% per annum means BORONIA is one of the fastest growing suburbs in VIC.
BORONIA, 3155 has seen a average 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 $1,148 to $1,682.
The local median household income has increased by $176 which is a theoretical $27,768 available for a BORONIA mortgage broker to find a home loan.