If you were to buy a house locally at the current median price of $510,000 and had 10% deposit, then you would need a mortgage for $459,000. This is an average sized mortgage compared to state.
Australia’s total population growth over the last five years has been 24819.00 This means that DANDENONG, 3175’s growth of 8191 people is well above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,500 which is $500 more every month. As a percentage rise, this makes DANDENONG, 3175 the number 3916th 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 DANDENONG, VIC is 41.61% of the median household income.