If you were to buy a house locally at the current median price of $1,295,500 and had 10% deposit, then you would need a mortgage for $1,165,950. This is a very large mortgage compared to state.
Across the whole country BOX HILL SOUTH,3128 is number 748th fastest growing suburb by population growth, and 226th in State. Its population grew by 311 people over the last five years.
Mortgage brokers in BOX HILL SOUTH, 3128 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,500 to $2,100.
The median mortgage repayment in BOX HILL SOUTH, VIC is 36.82% of the median household income.