Home loans in Middle Park, VIC: repayments, costs & broker help

Middle Park is Melbourne's most rarefied residential address — a tiny, enclosed suburb of magnificent double-fronted Victorian terraces and bluestone-kerbed boulevards where the Albert Park Lake foreshore, beach access, and an exceptionally affluent owner-occupier community create the most tightly held property micro-market in metropolitan Melbourne. Middle Park's extraordinarily low annual transaction volumes, period home stock irreplaceable at any price, and consistent demand from Melbourne's wealthiest families deliver one of Australia's most reliable long-run capital growth records. At the current $2.5m median house price, an 80% loan at 6.25% over 30 years is about $12,314 per month.

Middle Park home-loan snapshot

Median house price$2,500,000
Median unit price$950,000
Estimated monthly repayment$12,314 at 80% LVR, 6.25%, 30 years
Annual price growth4.5%
Gross rental yield2.8%
Typical days on market25

Calculate repayments, stamp duty, LMI and upfront costs for Middle Park, VIC. Request mortgage broker help if you want suitable lender policy, rates and fees compared for your situation.

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