If you were to buy a house locally at the current median price of $457,500 and had 10% deposit, then you would need a mortgage for $411,750. This is an average sized mortgage compared to state.
KYNETON, 3444 is number 912th in a list of the country’s fastest growing suburbs, and number 261th in State. It has had an average population growth of 144.60 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,517 which is $477 more every month. As a percentage rise, this makes KYNETON, 3444 the number 3635th 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 median mortgage repayment in KYNETON, VIC is 35.25% of the median household income.