No matter where in VIC you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in NEWPORT , 3015 is $975,000 this month which means that a mortgage for 80% of that value would be $780,000.
NEWPORT, 3015 is number 324th in a list of the country’s fastest growing suburbs, and number 131th in State. It has had an average population growth of 148.60 over the period between the last two national censuses.
NEWPORT 3015 homeowners are paying around 42.85% 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, NEWPORT VIC would be 4132th with 29.09.