MOUNT COTTON is one of the more expensive suburbs in QLD. Median home prices are $520,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $468,000 home loan.
MOUNT COTTON, 4165 is number 1383th in a list of the country’s fastest growing suburbs, and number 325th in State. It has had an average population growth of 333.00 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,383 which is $758 more every month. As a percentage rise, this makes MOUNT COTTON, 4165 the number 555th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The median mortgage repayment in MOUNT COTTON, QLD is 27.70% of the median household income.