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 $259,000 this month which means that a mortgage for 80% of that value would be $207,200.
Australia’s total population growth over the last five years has been 5013.00 This means that MAFFRA, 3860’s growth of -221 people is well above the mean for the country as a whole.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in MAFFRA, 3860 rank at number 721th in State or 4506th nationally when listed in order of median monthly mortgage payment.
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.