If you were to buy a house locally at the current median price of $294,750 and had 10% deposit, then you would need a mortgage for $265,275. This is relatively small mortgage compared to state.
MELTON SOUTH, 3338 is number 597th in a list of the country’s fastest growing suburbs, and number 197th in State. It has had an average population growth of 23.40 over the period between the last two national censuses.
Mortgage brokers in MELTON SOUTH, 3338 have seen that the median mortgage loan repayment has decreased slightly between the last two census periods, changing from $900 to $1,192.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, MELTON SOUTH VIC would be 3895th with 29.77.