If you were to buy a house locally at the current median price of $565,000 and had 10% deposit, then you would need a mortgage for $508,500. This is quite a large mortgage compared to state.
Across the whole country THE BASIN,3154 is number 1556th fastest growing suburb by population growth, and 359th in State. Its population grew by 120 people over the last five years.
Mortgage brokers in THE BASIN, 3154 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,170 to $1,625.
The median mortgage repayment in THE BASIN, VIC is 25.79% of the median household income.