Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in POINT COOK, 3030 is already $515,001, which makes it the number 311th in VIC on a list ordered by most expensive. Make sure that you get good POINT COOK mortgage broker to look for the best deal.
Between 2005 and 2011 the population of POINT COOK, 3030 grew an average of 3649.80 people each year. This figure of 6462.60% per annum means POINT COOK is one of the fastest growing suburbs in VIC.
POINT COOK, 3030 has seen a substantial 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 $1,800 to $2,200.
On a national list of suburbs ranked by median mortgage repayments, POINT COOK would be 779th.