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 FRANKSTON NORTH is number 2825th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service FRANKSTON NORTH, 3200.
FRANKSTON NORTH, 3200 is number 1146th in a list of the country’s fastest growing suburbs, and number 299th in State. It has had an average population growth of 26.60 over the period between the last two national censuses.
Mortgage brokers in FRANKSTON NORTH, 3200 have seen that the median mortgage loan repayment has decreased slightly between the last two census periods, changing from $771 to $1,180.
The local median household income has increased by $140 which is a theoretical $21,268 available for a FRANKSTON NORTH mortgage broker to find a home loan.