Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then ESSENDON is number 372th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service ESSENDON, 3040.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with well above the state figure, ESSENDON, 3040 figure of 640 represents a 18752.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,167 which is $627 more every month. As a percentage rise, this makes ESSENDON, 3040 the number 846th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Weekly gross incomes in ESSENDON, 3040 have increased by $395. In the same period median mortgage loan repayments have increased by $627.