If you were to buy a house locally at the current median price of $520,000 and had 10% deposit, then you would need a mortgage for $468,000. This is an average sized mortgage compared to state.
Between 2005 and 2011 the population of LANGWARRIN, 3910 grew an average of 309.40 people each year. This figure of 4254.00% per annum means LANGWARRIN is one of the fastest growing suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,733 which is $437 more every month. As a percentage rise, this makes LANGWARRIN, 3910 the number 2627th 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 median mortgage repayment in LANGWARRIN, VIC is 28.90% of the median household income.