Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in NORMAN PARK, 4170 is already $880,000, which makes it the number 51th in QLD on a list ordered by most expensive. Make sure that you get good NORMAN PARK mortgage broker to look for the best deal.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 5902.00% population change in NORMAN PARK 4170 is well above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,383 which is $583 more every month. As a percentage rise, this makes NORMAN PARK, 4170 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 NORMAN PARK, QLD is 26.06% of the median household income.