NORTH MELBOURNE is one of the most expensive suburbs in VIC. Median home prices are $1,020,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $918,000 home loan.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with well above the state figure, NORTH MELBOURNE, 3051 figure of 1793 represents a 11655.00% change.
NORTH MELBOURNE, 3051 has seen a large 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 $1,690 to $2,000.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, NORTH MELBOURNE VIC would be 1632th with 37.55.