If you were to buy a house locally at the current median price of $425,300 and had 10% deposit, then you would need a mortgage for $382,770. This is small than average mortgage compared to state.
Between 2005 and 2011 the population of PAKENHAM, 3810 grew an average of 2870.80 people each year. This figure of 6779.60% per annum means PAKENHAM is one of the fastest growing suburbs in VIC.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in PAKENHAM, 3810 rank at number 379th in State or 2918th nationally when listed in order of median monthly mortgage payment.
Mortgage brokers in PAKENHAM, 3810 have clients whose median home loan repayment amounts in the latest census each month are $1,229 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 472th.