If you were to buy a house locally at the current median price of $1,240,000 and had 10% deposit, then you would need a mortgage for $1,116,000. This is a very large mortgage compared to state.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with well above the state figure, WILLIAMSTOWN, 3016 figure of 469 represents a 13102.00% change.
WILLIAMSTOWN 3016 homeowners are paying around 27.47% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than the median average increase of VIC which is 35.71%.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, WILLIAMSTOWN VIC would be 4509th with 27.91.