If you were to buy a house locally at the current median price of $637,250 and had 10% deposit, then you would need a mortgage for $573,525. This is quite a large mortgage compared to state.
ELANORA, 4221 is number 349th in a list of the country’s fastest growing suburbs, and number 70th in State. It has had an average population growth of -7.20 over the period between the last two national censuses.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $-317 less than the median monthly home loan repayment in ELANORA, QLD.
The local median household income has increased by $117 which is a theoretical $25,896 available for a ELANORA mortgage broker to find a home loan.