No matter where in VIC you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in PORT MELBOURNE , 3207 is $1,384,000 this month which means that a mortgage for 80% of that value would be $1,107,200.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 14421.00% population change in PORT MELBOURNE 3207 is well above average.
PORT MELBOURNE, 3207 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 $2,129 to $2,535.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, PORT MELBOURNE VIC would be 4059th with 29.32.