Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in SOUTH MELBOURNE, 3205 is already $1,275,000, which makes it the number 53th in VIC on a list ordered by most expensive. Make sure that you get good SOUTH MELBOURNE mortgage broker to look for the best deal.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with well above the state figure, SOUTH MELBOURNE, 3205 figure of 527 represents a 9217.00% change.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in SOUTH MELBOURNE, 3205 rank at number 296th in State or 2599th nationally when listed in order of median monthly mortgage payment.
The median mortgage repayment in SOUTH MELBOURNE, VIC is 34.59% of the median household income.