Yes really thedalek ! ..Here's an extract from a recent post by...

Yes really thedalek ! ..

Here's an extract from a recent post by Bassyabie regarding a Herald Sun Article August 19,2010 .. which you already saw ..

"Real Estate Institute of Victoria spokesman Robert Larocca said the median house price in Melbourne had hit $559,000, up from $441,000 a year ago.

According to HIA figures, the monthly loan repayment for an average mortgage has hit $3291 in Melbourne, and $2238 across Victoria -- up from $1947 and $1499 a year ago.

So the average mortgage in Melbourne has gone up from $1947 to $3291 in just 1 year !!!
That's a $1350/month increase .. or an increase of $320/week
in just 1 year!!!!!