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 NOTTING HILL , 3168 is $904,000 this month which means that a mortgage for 80% of that value would be $723,200.
Between 2005 and 2011 the population of NOTTING HILL, 3168 grew an average of 112.40 people each year. This figure of 412.20% per annum means NOTTING HILL is one of the more rapidly growing suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,950 which is $520 more every month. As a percentage rise, this makes NOTTING HILL, 3168 the number 1843th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, NOTTING HILL VIC would be 860th with 42.06.