If you were to buy a house locally at the current median price of $550,000 and had 10% deposit, then you would need a mortgage for $495,000. This is an average sized mortgage compared to state.
Between 2005 and 2011 the population of UPPER FERNTREE GULLY, 3156 grew an average of -9.20 people each year. This figure of 624.20% per annum means UPPER FERNTREE GULLY is one of the more rapidly growing suburbs in VIC.
UPPER FERNTREE GULLY, 3156 has seen a average increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,250 to $1,655.
On a national list of suburbs ranked by median mortgage repayments, UPPER FERNTREE GULLY would be 3196th.