If you were to buy a house locally at the current median price of $813,500 and had 10% deposit, then you would need a mortgage for $732,150. This is quite a large mortgage compared to state.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with well above the state figure, PATTERSON LAKES, 3197 figure of 345 represents a 7482.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $500 more every month. As a percentage rise, this makes PATTERSON LAKES, 3197 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 median mortgage repayment in PATTERSON LAKES, VIC is 32.50% of the median household income.