If you were to buy a house locally at the current median price of $1,750,357 and had 10% deposit, then you would need a mortgage for $1,575,321. This is a very large mortgage compared to state.
Between 2005 and 2011 the population of IVANHOE EAST, 3079 grew an average of -4.60 people each year. This figure of 732.20% per annum means IVANHOE EAST is one of the more rapidly growing suburbs in VIC.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in IVANHOE EAST, 3079 rank at number 90th in State or 1153th nationally when listed in order of median monthly mortgage payment.
Mortgage brokers in IVANHOE EAST, 3079 have clients whose median home loan repayment amounts in the latest census each month are $2,096 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 17th.