Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in PRAHRAN, 3181 is already $1,450,000, which makes it the number 38th in VIC on a list ordered by most expensive. Make sure that you get good PRAHRAN mortgage broker to look for the best deal.
With a net change of 542 people, PRAHRAN 3181 has grown considerably when compared to other suburbs in VIC.
PRAHRAN, 3181 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 $1,748 to $2,383.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, PRAHRAN VIC would be 2493th with 34.18.