Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then MORNINGTON is number 1013th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service MORNINGTON, 3931.
Between 2005 and 2011 the population of MORNINGTON, 3931 grew an average of 320.40 people each year. This figure of 4464.20% per annum means MORNINGTON is one of the fastest growing suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,738 which is $438 more every month. As a percentage rise, this makes MORNINGTON, 3931 the number 2619th 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 MORNINGTON, 3931 have clients whose median home loan repayment amounts in the latest census each month are $1,025 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 680th.