Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in OLINDA, 3788 is already $645,000, which makes it the number 282th in VIC on a list ordered by most expensive. Make sure that you get good OLINDA mortgage broker to look for the best deal.
Australia’s total population growth over the last five years has been 1563.00 This means that OLINDA, 3788’s growth of 93 people is about the same as the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,800 which is $523 more every month. As a percentage rise, this makes OLINDA, 3788 the number 2379th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $256 which is a theoretical $27,196 available for a OLINDA mortgage broker to find a home loan.