If you were to buy a house locally at the current median price of $1,010,000 and had 10% deposit, then you would need a mortgage for $909,000. This is a very large mortgage compared to state.
Australia’s total population growth over the last five years has been 11694.00 This means that DONVALE, 3111’s growth of 127 people is well above the mean for the country as a whole.
DONVALE, 3111 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 $1,600 to $2,123.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, DONVALE VIC would be 3707th with 30.37.