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 FOOTSCRAY , 3011 is $714,000 this month which means that a mortgage for 80% of that value would be $571,200.
Across the whole country FOOTSCRAY,3011 is number 265th fastest growing suburb by population growth, and 114th in State. Its population grew by 1802 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,950 which is $650 more every month. As a percentage rise, this makes FOOTSCRAY, 3011 the number 1843th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, FOOTSCRAY VIC would be 796th with 42.49.