If you were to buy a house locally at the current median price of $725,000 and had 10% deposit, then you would need a mortgage for $652,500. This is quite a large mortgage compared to state.
Across the whole country GREENSBOROUGH,3088 is number 89th fastest growing suburb by population growth, and 48th in State. Its population grew by 337 people over the last five years.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-360 less than the median monthly home loan repayment in GREENSBOROUGH, VIC.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, GREENSBOROUGH VIC would be 4546th with 27.82.