ARMADALE is one of the most expensive suburbs in VIC. Median home prices are $2,100,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,890,000 home loan.
With a net change of 293 people, ARMADALE 3143 has grown when compared to other suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,500 which is $570 more every month. As a percentage rise, this makes ARMADALE, 3143 the number 363th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Weekly gross incomes in ARMADALE, 3143 have increased by $441. In the same period median mortgage loan repayments have increased by $570.