If you were to buy a house locally at the current median price of $215,000 and had 10% deposit, then you would need a mortgage for $193,500. This is relatively small mortgage compared to state.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with well above the state figure, HAMILTON, 3300 figure of -511 represents a 10003.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,124 which is $279 more every month. As a percentage rise, this makes HAMILTON, 3300 the number 5370th 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 local median household income has increased by $113 which is a theoretical $14,508 available for a HAMILTON mortgage broker to find a home loan.