No matter where in VIC you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in UPPER FERNTREE GULLY , 3156 is $662,000 this month which means that a mortgage for 80% of that value would be $529,600.
Between 2005 and 2011 the population of UPPER FERNTREE GULLY, 3156 grew an average of -9.20 people each year. This figure of 624.20% per annum means UPPER FERNTREE GULLY is one of the more rapidly growing suburbs in VIC.
UPPER FERNTREE GULLY, 3156 has seen a average increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,250 to $1,655.
The local median household income has increased by $293 which is a theoretical $21,060 available for a UPPER FERNTREE GULLY mortgage broker to find a home loan.