If you were to buy a house locally at the current median price of $1,061,000 and had 10% deposit, then you would need a mortgage for $954,900. This is a very large mortgage compared to state.
With a net change of 271 people, ESSENDON NORTH 3041 has grown when compared to other suburbs in VIC.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-473 less than the median monthly home loan repayment in ESSENDON NORTH, VIC.
The local median household income has increased by $236 which is a theoretical $30,810 available for a ESSENDON NORTH mortgage broker to find a home loan.