If you were to buy a house locally at the current median price of $1,220,000 and had 10% deposit, then you would need a mortgage for $1,098,000. This is a very large mortgage compared to state.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 5691.00% population change in CLIFTON HILL 3068 is above average.
CLIFTON HILL, 3068 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 $1,760 to $2,167.
The median mortgage repayment in CLIFTON HILL, VIC is 25.57% of the median household income.