ESSENDON is one of the most expensive suburbs in VIC. Median home prices are $1,240,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,116,000 home loan.
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.
Mortgage brokers in ESSENDON, 3040 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,539 to $2,167.
The local median household income has increased by $395 which is a theoretical $32,630 available for a ESSENDON mortgage broker to find a home loan.