Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BURWOOD, 3125 is already $1,235,500, which makes it the number 76th in VIC on a list ordered by most expensive. Make sure that you get good BURWOOD mortgage broker to look for the best deal.
BURWOOD, 3125 is number 269th in a list of the country’s fastest growing suburbs, and number 116th in State. It has had an average population growth of 255.20 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $500 more every month. As a percentage rise, this makes BURWOOD, 3125 the number 1453th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
On a national list of suburbs ranked by median mortgage repayments, BURWOOD would be 1468th.