If you were to buy a house locally at the current median price of $739,500 and had 10% deposit, then you would need a mortgage for $665,550. This is quite a large mortgage compared to state.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 11524.00% population change in CLAYTON SOUTH 3169 is well above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,700 which is $500 more every month. As a percentage rise, this makes CLAYTON SOUTH, 3169 the number 3034th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, CLAYTON SOUTH VIC would be 1700th with 37.29.