If you were to buy a house locally at the current median price of $1,366,000 and had 10% deposit, then you would need a mortgage for $1,229,400. This is a very large mortgage compared to state.
Australia’s total population growth over the last five years has been 4558.00 This means that GLEN HUNTLY, 3163’s growth of 573 people is considerably above the mean for the country as a whole.
GLEN HUNTLY, 3163 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,400 to $1,800.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, GLEN HUNTLY VIC would be 2305th with 34.85.