If you’re looking to buy in MELVILLE then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased to $785,000 over the last year.
Between 2005 and 2011 the population of MELVILLE, 6156 grew an average of 75.20 people each year. This figure of 1019.60% per annum means MELVILLE is one of the more rapidly growing suburbs in WA.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $570 more every month. As a percentage rise, this makes MELVILLE, 6156 the number 1453th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $470 which is a theoretical $29,640 available for a MELVILLE mortgage broker to find a home loan.