House prices in RINGWOOD EAST have seen a high level of growth over the last year, which means it's more important than ever to get a good VIC mortgage broker to help you choose the right home loan product.
Between 2005 and 2011 the population of RINGWOOD EAST, 3135 grew an average of 93.60 people each year. This figure of 1929.60% per annum means RINGWOOD EAST is one of the fastest growing suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,800 which is $587 more every month. As a percentage rise, this makes RINGWOOD EAST, 3135 the number 2379th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, RINGWOOD EAST VIC would be 2368th with 34.62.