If you were to buy a house locally at the current median price of $583,000 and had 10% deposit, then you would need a mortgage for $524,700. This is quite a large mortgage compared to state.
QLD has seen an average of 2808.22% rowth over the last 5 years. This means that with well above the state figure, CLEVELAND, 4163 figure of 829 represents a 14313.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $483 more every month. As a percentage rise, this makes CLEVELAND, 4163 the number 1453th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Weekly gross incomes in CLEVELAND, 4163 have increased by $131. In the same period median mortgage loan repayments have increased by $483.