MINERS REST is one of the less expensive suburbs in VIC. Median home prices are $343,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $308,700 home loan.
Across the whole country MINERS REST,3352 is number 2346th fastest growing suburb by population growth, and 446th in State. Its population grew by 751 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,629 which is $433 more every month. As a percentage rise, this makes MINERS REST, 3352 the number 3248th 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 MINERS REST, 3352 have clients whose median home loan repayment amounts in the latest census each month are $1,483 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 210th.