If you were to buy a house locally at the current median price of $690,000 and had 10% deposit, then you would need a mortgage for $621,000. This is quite a large mortgage compared to state.
Between 2005 and 2011 the population of KINGSBURY, 3083 grew an average of 46.60 people each year. This figure of 652.40% per annum means KINGSBURY is one of the more rapidly growing suburbs in VIC.
KINGSBURY, 3083 has seen a average increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,196 to $1,733.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, KINGSBURY VIC would be 561th with 44.88.