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 DONVALE , 3111 is $1,110,000 this month which means that a mortgage for 80% of that value would be $888,000.
With a net change of 127 people, DONVALE 3111 has not grown much when compared to other suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,123 which is $523 more every month. As a percentage rise, this makes DONVALE, 3111 the number 1229th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $281 which is a theoretical $27,196 available for a DONVALE mortgage broker to find a home loan.