KNOXFIELD is one of the more expensive suburbs in VIC. Median home prices are $786,500 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $707,850 home loan.
Australia’s total population growth over the last five years has been 7040.00 This means that KNOXFIELD, 3180’s growth of 621 people is well above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,700 which is $500 more every month. As a percentage rise, this makes KNOXFIELD, 3180 the number 3034th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, KNOXFIELD VIC would be 3852th with 29.90.