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 MCCRAE , 3938 is $751,000 this month which means that a mortgage for 80% of that value would be $600,800.
The average suburb population growth in VIC has been 4149.07% since 2006, so the 2443.00% population change in MCCRAE 3938 is above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,625 which is $400 more every month. As a percentage rise, this makes MCCRAE, 3938 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.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, MCCRAE VIC would be 1615th with 37.61.