House prices in NORTH MELBOURNE have seen a high level of growth over the last year, which means it's more important than ever to get a good VIC mortgage broker to help you choose the right home loan product.
Australia’s total population growth over the last five years has been 11655.00 This means that NORTH MELBOURNE, 3051’s growth of 1793 people is well above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $310 more every month. As a percentage rise, this makes NORTH MELBOURNE, 3051 the number 1453th 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 $360 which is a theoretical $16,120 available for a NORTH MELBOURNE mortgage broker to find a home loan.