Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in TEMPLESTOWE LOWER, 3107 is already $1,142,790, which makes it the number 100th in VIC on a list ordered by most expensive. Make sure that you get good TEMPLESTOWE LOWER mortgage broker to look for the best deal.
Across the whole country TEMPLESTOWE LOWER,3107 is number 270th fastest growing suburb by population growth, and 117th in State. Its population grew by 134 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,150 which is $568 more every month. As a percentage rise, this makes TEMPLESTOWE LOWER, 3107 the number 1199th 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 median mortgage repayment in TEMPLESTOWE LOWER, VIC is 34.72% of the median household income.