If you were to buy a house locally at the current median price of $657,602 and had 10% deposit, then you would need a mortgage for $591,841. This is a very large mortgage compared to state.
Between 2005 and 2011 the population of KENMORE, 4069 grew an average of 55.20 people each year. This figure of 1676.40% per annum means KENMORE is one of the fastest growing suburbs in QLD.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,100 which is $583 more every month. As a percentage rise, this makes KENMORE, 4069 the number 1257th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, KENMORE QLD would be 5315th with 25.29.