Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then CAULFIELD NORTH is number 110th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service CAULFIELD NORTH, 3161.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with well above the state figure, CAULFIELD NORTH, 3161 figure of 520 represents a 14453.00% change.
CAULFIELD NORTH, 3161 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,800 to $2,210.
The local median household income has increased by $523 which is a theoretical $21,320 available for a CAULFIELD NORTH mortgage broker to find a home loan.