House prices in CARRUM DOWNS have seen little growth over the last year, which means it's more important than ever to get a good VIC mortgage broker to help you choose the right home loan product.
Between 2005 and 2011 the population of CARRUM DOWNS, 3201 grew an average of 381.60 people each year. This figure of 3804.40% per annum means CARRUM DOWNS is one of the fastest growing suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,600 which is $400 more every month. As a percentage rise, this makes CARRUM DOWNS, 3201 the number 3373th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $168 which is a theoretical $20,800 available for a CARRUM DOWNS mortgage broker to find a home loan.