If you were to buy a house locally at the current median price of $865,000 and had 10% deposit, then you would need a mortgage for $778,500. This is a very large mortgage compared to state.
BEAUMONT, 5066 is number 2383th in a list of the country’s fastest growing suburbs, and number 221th in State. It has had an average population growth of 9.00 over the period between the last two national censuses.
BEAUMONT, 5066 has seen a substantial 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 $1,621 to $2,167.
The local median household income has increased by $291 which is a theoretical $28,366 available for a BEAUMONT mortgage broker to find a home loan.