If you were to buy a house locally at the current median price of $1,876,000 and had 10% deposit, then you would need a mortgage for $1,688,400. This is a very large mortgage compared to state.
Across the whole country KEW EAST,3102 is number 1037th fastest growing suburb by population growth, and 281th in State. Its population grew by -123 people over the last five years.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-733 less than the median monthly home loan repayment in KEW EAST, VIC.
The local median household income has increased by $364 which is a theoretical $21,320 available for a KEW EAST mortgage broker to find a home loan.