If you were to buy a house locally at the current median price of $1,042,500 and had 10% deposit, then you would need a mortgage for $938,250. This is a very large mortgage compared to state.
Australia’s total population growth over the last five years has been 11694.00 This means that DONVALE, 3111’s growth of 127 people is well above the mean for the country as a whole.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-646 less than the median monthly home loan repayment in DONVALE, VIC.
The median mortgage repayment in DONVALE, VIC is 30.37% of the median household income.