If you were to buy a house locally at the current median price of $250,000 and had 10% deposit, then you would need a mortgage for $225,000. This is relatively small mortgage compared to state.
HORSHAM, 3400 is number 219th in a list of the country’s fastest growing suburbs, and number 99th in State. It has had an average population growth of 160.80 over the period between the last two national censuses.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $307 more than the median monthly home loan repayment in HORSHAM, VIC.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, HORSHAM VIC would be 3853th with 29.90.