MALVERN is one of the most expensive suburbs in VIC. Median home prices are $2,415,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $2,173,500 home loan.
MALVERN, 3144 is number 529th in a list of the country’s fastest growing suburbs, and number 185th in State. It has had an average population growth of 16.00 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 $2,800 which is $700 more every month. As a percentage rise, this makes MALVERN, 3144 the number 189th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.