Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then MIAMI is number 1122th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service MIAMI, 4220.
Across the whole country MIAMI,4220 is number 958th fastest growing suburb by population growth, and 215th in State. Its population grew by 196 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $500 more every month. As a percentage rise, this makes MIAMI, 4220 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.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, MIAMI QLD would be 832th with 42.19.