Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in PRESTON, 3072 is already $880,000, which makes it the number 154th in VIC on a list ordered by most expensive. Make sure that you get good PRESTON mortgage broker to look for the best deal.
Across the whole country PRESTON,3072 is number 25th fastest growing suburb by population growth, and 16th in State. Its population grew by 2033 people over the last five years.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-386 less than the median monthly home loan repayment in PRESTON, VIC.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, PRESTON VIC would be 1717th with 37.22.