Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in MACLEOD, 3085 is already $830,000, which makes it the number 175th in VIC on a list ordered by most expensive. Make sure that you get good MACLEOD mortgage broker to look for the best deal.
Between 2005 and 2011 the population of MACLEOD, 3085 grew an average of 304.60 people each year. This figure of 1901.00% per annum means MACLEOD 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 $2,000 which is $500 more every month. As a percentage rise, this makes MACLEOD, 3085 the number 1453th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
On a national list of suburbs ranked by median mortgage repayments, MACLEOD would be 1468th.