If you were to buy a house locally at the current median price of $802,001 and had 10% deposit, then you would need a mortgage for $721,801. This is quite a large mortgage compared to state.
Between 2005 and 2011 the population of RINGWOOD NORTH, 3134 grew an average of 0.00 people each year. This figure of 1911.20% per annum means RINGWOOD NORTH is one of the fastest growing suburbs in VIC.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in RINGWOOD NORTH, 3134 rank at number 227th in State or 2233th nationally when listed in order of median monthly mortgage payment.
Mortgage brokers in RINGWOOD NORTH, 3134 have clients whose median home loan repayment amounts in the latest census each month are $1,690 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 104th.