MURRUMBEENA is one of the most expensive suburbs in VIC. Median home prices are $1,377,500 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,239,750 home loan.
Across the whole country MURRUMBEENA,3163 is number 640th fastest growing suburb by population growth, and 206th in State. Its population grew by 360 people over the last five years.
In VIC the median mortgage repayment has increased from $1,111 to $1,477 which is $-523 less than the median monthly home loan repayment in MURRUMBEENA, VIC.
The local median household income has increased by $271 which is a theoretical $25,116 available for a MURRUMBEENA mortgage broker to find a home loan.