MELROSE is one of the least expensive suburbs in SA. Median home prices are $192,500 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $173,250 home loan.
The average suburb population growth in SA has been 2052.85% since 2006, so the 306.00% population change in MELROSE 5483 is below average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,000 which is $491 more every month. As a percentage rise, this makes MELROSE, 5483 the number 5709th 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 MELROSE, 5483 have clients whose median home loan repayment amounts in the latest census each month are $761 This means that in a list ranking mortgage payments by amount in SA their monthly home loan payments would place their suburb at number 593th.