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 MALVERN EAST , 3145 is $1,717,500 this month which means that a mortgage for 80% of that value would be $1,374,000.
With a net change of 472 people, MALVERN EAST 3145 has grown considerably when compared to other suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,400 which is $455 more every month. As a percentage rise, this makes MALVERN EAST, 3145 the number 504th 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, MALVERN EAST VIC would be 3069th with 32.29.