If you were to buy a house locally at the current median price of $955,000 and had 10% deposit, then you would need a mortgage for $859,500. This is a very large mortgage compared to state.
ALEXANDRA HEADLAND, 4572 is number 1746th in a list of the country’s fastest growing suburbs, and number 411th in State. It has had an average population growth of 75.80 over the period between the last two national censuses.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in ALEXANDRA HEADLAND, 4572 rank at number 670th in State or 1956th nationally when listed in order of median monthly mortgage payment.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, ALEXANDRA HEADLAND QLD would be 915th with 41.58.