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 MENTONE , 3194 is $1,051,000 this month which means that a mortgage for 80% of that value would be $840,800.
MENTONE, 3194 is number 348th in a list of the country’s fastest growing suburbs, and number 136th in State. It has had an average population growth of 85.80 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $600 more every month. As a percentage rise, this makes MENTONE, 3194 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.
On a national list of suburbs ranked by median mortgage repayments, MENTONE would be 1468th.