Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in SPRINGVALE, 3171 is already $676,000, which makes it the number 214th in VIC on a list ordered by most expensive. Make sure that you get good SPRINGVALE mortgage broker to look for the best deal.
Between 2005 and 2011 the population of SPRINGVALE, 3171 grew an average of 268.20 people each year. This figure of 3934.00% per annum means SPRINGVALE 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 $1,500 which is $417 more every month. As a percentage rise, this makes SPRINGVALE, 3171 the number 3916th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
On a national list of suburbs ranked by median mortgage repayments, SPRINGVALE would be 3945th.