Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in MORNINGTON, 3931 is already $800,000, which makes it the number 196th in VIC on a list ordered by most expensive. Make sure that you get good MORNINGTON mortgage broker to look for the best deal.
MORNINGTON, 3931 is number 67th in a list of the country’s fastest growing suburbs, and number 39th in State. It has had an average population growth of 320.40 over the period between the last two national censuses.
MORNINGTON 3931 homeowners are paying around 33.69% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay about the same as the median average increase of VIC which is 35.71%.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, MORNINGTON VIC would be 1301th with 39.13.