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 MELTON SOUTH , 3338 is $300,000 this month which means that a mortgage for 80% of that value would be $240,000.
Between 2005 and 2011 the population of MELTON SOUTH, 3338 grew an average of 23.40 people each year. This figure of 1763.20% per annum means MELTON SOUTH is one of the fastest growing suburbs in VIC.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in MELTON SOUTH, 3338 rank at number 823th in State or 4960th nationally when listed in order of median monthly mortgage payment.
The local median household income has increased by $86 which is a theoretical $15,184 available for a MELTON SOUTH mortgage broker to find a home loan.