If you were to buy a house locally at the current median price of $610,000 and had 10% deposit, then you would need a mortgage for $549,000. This is quite a large mortgage compared to state.
With a net change of 49 people, KEILOR LODGE 3038 has not grown much when compared to other suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,500 which is $200 more every month. As a percentage rise, this makes KEILOR LODGE, 3038 the number 3916th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $283 which is a theoretical $10,400 available for a KEILOR LODGE mortgage broker to find a home loan.