OCEAN GROVE is one of the averagely priced suburbs in VIC. Median home prices are $560,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $504,000 home loan.
OCEAN GROVE, 3226 is number 302th in a list of the country’s fastest growing suburbs, and number 127th in State. It has had an average population growth of 256.20 over the period between the last two national censuses.
Mortgage brokers in OCEAN GROVE, 3226 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,180 to $1,625.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, OCEAN GROVE VIC would be 3397th with 31.33.