If you were to buy a house locally at the current median price of $1,582,000 and had 10% deposit, then you would need a mortgage for $1,423,800. This is a very large mortgage compared to state.
MCKINNON 3204 has seen steady growth in it’s population over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in MCKINNON, 3204 rank at number 533th in State or 3677th nationally when listed in order of median monthly mortgage payment.
Mortgage brokers in MCKINNON, 3204 have clients whose median home loan repayment amounts in the latest census each month are $1,787 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 69th.