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 CRANBOURNE , 3977 is $406,000 this month which means that a mortgage for 80% of that value would be $324,800.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 18521.00% population change in CRANBOURNE 3977 is well above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,567 which is $484 more every month. As a percentage rise, this makes CRANBOURNE, 3977 the number 3516th 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 CRANBOURNE, VIC is 33.80% of the median household income.