No matter where in VIC you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in COLLINGWOOD , 3066 is $1,200,000 this month which means that a mortgage for 80% of that value would be $960,000.
Between 2005 and 2011 the population of COLLINGWOOD, 3066 grew an average of 195.20 people each year. This figure of 1273.40% per annum means COLLINGWOOD is one of the more rapidly growing suburbs in VIC.
Mortgage payments in COLLINGWOOD , 3066 have increased by $467 over the 5-year census period.
The local median household income has increased by $391 which is a theoretical $24,284 available for a COLLINGWOOD mortgage broker to find a home loan.