Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in CARRUM DOWNS, 3201 is already $469,000, which makes it the number 394th in VIC on a list ordered by most expensive. Make sure that you get good CARRUM DOWNS mortgage broker to look for the best deal.
Australia’s total population growth over the last five years has been 19022.00 This means that CARRUM DOWNS, 3201’s growth of 1908 people is well above the mean for the country as a whole.
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.
On a national list of suburbs ranked by median mortgage repayments, CARRUM DOWNS would be 3401th.