No matter where in VIC you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in LARA , 3212 is $413,750 this month which means that a mortgage for 80% of that value would be $331,000.
LARA, 3212 is number 243th in a list of the country’s fastest growing suburbs, and number 105th in State. It has had an average population growth of 198.20 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,625 which is $368 more every month. As a percentage rise, this makes LARA, 3212 the number 3252th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Mortgage brokers in LARA, 3212 have clients whose median home loan repayment amounts in the latest census each month are $1,399 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 287th.