If you’re looking to buy in FRANKSTON then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have not risen much to $440,000 over the last year.
Between 2005 and 2011 the population of FRANKSTON, 3199 grew an average of 110.60 people each year. This figure of 6981.80% per annum means FRANKSTON is one of the fastest growing suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,495 which is $412 more every month. As a percentage rise, this makes FRANKSTON, 3199 the number 4036th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Weekly gross incomes in FRANKSTON, 3199 have increased by $177. In the same period median mortgage loan repayments have increased by $412.