If you were to buy a house locally at the current median price of $1,050,000 and had 10% deposit, then you would need a mortgage for $945,000. This is a very large mortgage compared to state.
Between 2005 and 2011 the population of OAKLEIGH, 3166 grew an average of 131.40 people each year. This figure of 1486.80% per annum means OAKLEIGH is one of the fastest growing suburbs in VIC.
Mortgage brokers in OAKLEIGH, 3166 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,330 to $1,996.
Mortgage brokers in OAKLEIGH, 3166 have clients whose median home loan repayment amounts in the latest census each month are $1,393 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 294th.