If you were to buy a house locally at the current median price of $2,200,000 and had 10% deposit, then you would need a mortgage for $1,980,000. This is a very large mortgage compared to state.
Between 2005 and 2011 the population of HAWTHORN, 3122 grew an average of 279.20 people each year. This figure of 4215.40% per annum means HAWTHORN is one of the fastest growing suburbs in VIC.
HAWTHORN 3122 homeowners are paying around 19.06% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay much less than the median average increase of VIC which is 35.71%.
Mortgage brokers in HAWTHORN, 3122 have clients whose median home loan repayment amounts in the latest census each month are $1,628 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 130th.