No matter where in VIC you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in CARLTON , 3053 is $1,139,500 this month which means that a mortgage for 80% of that value would be $911,600.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 13409.00% population change in CARLTON 3053 is well above average.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-423 less than the median monthly home loan repayment in CARLTON, VIC.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CARLTON, 3053 should have seen some difference. While the latest census median annual household figure income is now $32,968, it was $27,435 back in 2006, which is a net increase of $5,532 Subtract from that the median mortgage repayment increase of $1,200 and a mortgage broker’s clients could be up to $4,332 better off each year even without factoring in mortgage rate cuts.