Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in MOUNT MARTHA, 3934 is already $838,500, which makes it the number 161th in VIC on a list ordered by most expensive. Make sure that you get good MOUNT MARTHA mortgage broker to look for the best deal.
Across the whole country MOUNT MARTHA,3934 is number 140th fastest growing suburb by population growth, and 76th in State. Its population grew by 2478 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,950 which is $516 more every month. As a percentage rise, this makes MOUNT MARTHA, 3934 the number 1843th 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 $270 which is a theoretical $26,858 available for a MOUNT MARTHA mortgage broker to find a home loan.