If you were to buy a house locally at the current median price of $1,312,000 and had 10% deposit, then you would need a mortgage for $1,180,800. This is a very large mortgage compared to state.
ABBOTSFORD, 3067 is number 1357th in a list of the country’s fastest growing suburbs, and number 330th in State. It has had an average population growth of 115.60 over the period between the last two national censuses.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in ABBOTSFORD, 3067 rank at number 286th in State or 2559th nationally when listed in order of median monthly mortgage payment.
Mortgage brokers in ABBOTSFORD, 3067 have clients whose median home loan repayment amounts in the latest census each month are $1,793 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 65th.