If you were to buy a house locally at the current median price of $625,000 and had 10% deposit, then you would need a mortgage for $562,500. This is a very large mortgage compared to state.
Across the whole country KURABY,4112 is number 741th fastest growing suburb by population growth, and 174th in State. Its population grew by 1372 people over the last five years.
KURABY, 4112 has seen a large 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 $1,430 to $2,000.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, KURABY QLD would be 4210th with 28.85.