Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in KEW, 3101 is already $2,130,000, which makes it the number 12th in VIC on a list ordered by most expensive. Make sure that you get good KEW mortgage broker to look for the best deal.
Between 2005 and 2011 the population of KEW, 3101 grew an average of 271.60 people each year. This figure of 4755.20% per annum means KEW is one of the fastest growing suburbs in VIC.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in KEW, 3101 rank at number 307th in State or 2633th nationally when listed in order of median monthly mortgage payment.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, KEW VIC would be 4312th with 28.53.