If you were to buy a house locally at the current median price of $1,050,750 and had 10% deposit, then you would need a mortgage for $945,675. This is a very large mortgage compared to state.
BURWOOD EAST, 3151 is number 470th in a list of the country’s fastest growing suburbs, and number 167th in State. It has had an average population growth of 26.00 over the period between the last two national censuses.
Mortgage brokers in BURWOOD EAST, 3151 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,400 to $1,822.
Mortgage brokers in BURWOOD EAST, 3151 have clients whose median home loan repayment amounts in the latest census each month are $1,174 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 531th.