If you were to buy a house locally at the current median price of $463,500 and had 10% deposit, then you would need a mortgage for $417,150. This is an average sized mortgage compared to state.
BELMONT, 3216 is number 251th in a list of the country’s fastest growing suburbs, and number 109th in State. It has had an average population growth of -5.80 over the period between the last two national censuses.
With a median housing loan repayment of $1,517 a month, BELMONT , 3216 mortgage brokers are seeing mortgage holders paying $434 more than 2006.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, BELMONT VIC would be 1870th with 36.58.