If you were to buy a house locally at the current median price of $512,500 and had 10% deposit, then you would need a mortgage for $461,250. This is an average sized mortgage compared to state.
WESTMEADOWS 3049 has seen considerable shrinkage in it’s population over the last five years.
Mortgage brokers in WESTMEADOWS, 3049 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,177 to $1,600.
Mortgage brokers in WESTMEADOWS, 3049 have clients whose median home loan repayment amounts in the latest census each month are $1,234 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 465th.