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 MAFFRA , 3860 is $236,000 this month which means that a mortgage for 80% of that value would be $188,800.
MAFFRA, 3860 is number 1295th in a list of the country’s fastest growing suburbs, and number 320th in State. It has had an average population growth of -44.20 over the period between the last two national censuses.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $277 more than the median monthly home loan repayment in MAFFRA, VIC.
The local median household income has increased by $116 which is a theoretical $17,316 available for a MAFFRA mortgage broker to find a home loan.