If you were to buy a house locally at the current median price of $795,000 and had 10% deposit, then you would need a mortgage for $715,500. This is a very large mortgage compared to state.
NOOSA HEADS, 4567 is number 1636th in a list of the country’s fastest growing suburbs, and number 382th in State. It has had an average population growth of 67.60 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 $1,820 which is $173 more every month. As a percentage rise, this makes NOOSA HEADS, 4567 the number 2341th 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, NOOSA HEADS QLD would be 1073th with 40.50.