If you were to buy a house locally at the current median price of $805,000 and had 10% deposit, then you would need a mortgage for $724,500. This is quite a large mortgage compared to state.
JAN JUC, 3228 is number 1828th in a list of the country’s fastest growing suburbs, and number 388th in State. It has had an average population growth of 72.80 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 $-256 less than the median monthly home loan repayment in JAN JUC, VIC.
Weekly gross incomes in JAN JUC, 3228 have increased by $359. In the same period median mortgage loan repayments have increased by $433.