If you were to buy a house locally at the current median price of $750,000 and had 10% deposit, then you would need a mortgage for $675,000. This is quite a large mortgage compared to state.
Across the whole country CROYDON SOUTH,3136 is number 1466th fastest growing suburb by population growth, and 346th in State. Its population grew by 291 people over the last five years.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-256 less than the median monthly home loan repayment in CROYDON SOUTH, VIC.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, CROYDON SOUTH VIC would be 3858th with 29.89.