SEDDON is one of the most expensive suburbs in VIC. Median home prices are $990,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $891,000 home loan.
Australia’s total population growth over the last five years has been 4751.00 This means that SEDDON, 3011’s growth of 200 people is considerably above 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 $2,077 which is $477 more every month. As a percentage rise, this makes SEDDON, 3011 the number 1348th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Weekly gross incomes in SEDDON, 3011 have increased by $407. In the same period median mortgage loan repayments have increased by $477.