If you were to buy a house locally at the current median price of $1,360,000 and had 10% deposit, then you would need a mortgage for $1,224,000. This is a very large mortgage compared to state.
CARLTON, 3053 is number 255th in a list of the country’s fastest growing suburbs, and number 111th in State. It has had an average population growth of 291.60 over the period between the last two national censuses.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in CARLTON, 3053 rank at number 1078th in State or 5925th nationally when listed in order of median monthly mortgage payment.
Weekly gross incomes in CARLTON, 3053 have increased by $106. In the same period median mortgage loan repayments have increased by $100.