CHELTENHAM is one of the most expensive suburbs in VIC. Median home prices are $951,945 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $856,751 home loan.
Across the whole country CHELTENHAM,3192 is number 96th fastest growing suburb by population growth, and 52th in State. Its population grew by 770 people over the last five years.
CHELTENHAM, 3192 has seen a large 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 $1,400 to $1,950.
The local median household income has increased by $193 which is a theoretical $28,600 available for a CHELTENHAM mortgage broker to find a home loan.