Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then MELTON SOUTH is number 3798th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service MELTON SOUTH, 3338.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with well above the state figure, MELTON SOUTH, 3338 figure of 117 represents a 8816.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,192 which is $292 more every month. As a percentage rise, this makes MELTON SOUTH, 3338 the number 5193th 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 local median household income has increased by $86 which is a theoretical $15,184 available for a MELTON SOUTH mortgage broker to find a home loan.