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 MERNDA , 3754 is $430,000 this month which means that a mortgage for 80% of that value would be $344,000.
MERNDA, 3754 is number 937th in a list of the country’s fastest growing suburbs, and number 266th in State. It has had an average population growth of 1135.20 over the period between the last two national censuses.
MERNDA, 3754 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,200 to $2,167.
The local median household income has increased by $527 which is a theoretical $50,284 available for a MERNDA mortgage broker to find a home loan.