If you were to buy a house locally at the current median price of $660,500 and had 10% deposit, then you would need a mortgage for $594,450. This is quite a large mortgage compared to state.
Across the whole country WATSONIA,3087 is number 1288th fastest growing suburb by population growth, and 318th in State. Its population grew by 239 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,733 which is $444 more every month. As a percentage rise, this makes WATSONIA, 3087 the number 2627th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The median mortgage repayment in WATSONIA, VIC is 34.18% of the median household income.