If you were to buy a house locally at the current median price of $1,160,000 and had 10% deposit, then you would need a mortgage for $1,044,000. This is a very large mortgage compared to state.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with well above the state figure, MOONEE PONDS, 3039 figure of 893 represents a 13431.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,167 which is $505 more every month. As a percentage rise, this makes MOONEE PONDS, 3039 the number 846th 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 MOONEE PONDS, 3039 have clients whose median home loan repayment amounts in the latest census each month are $1,608 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 139th.