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 RED CLIFFS , 3496 is $177,000 this month which means that a mortgage for 80% of that value would be $141,600.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 4526.00% population change in RED CLIFFS 3496 is above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,083 which is $221 more every month. As a percentage rise, this makes RED CLIFFS, 3496 the number 5446th 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 local median household income has increased by $105 which is a theoretical $11,492 available for a RED CLIFFS mortgage broker to find a home loan.