Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in ORMISTON, 4160 is already $600,000, which makes it the number 199th in QLD on a list ordered by most expensive. Make sure that you get good ORMISTON mortgage broker to look for the best deal.
Across the whole country ORMISTON,4160 is number 1144th fastest growing suburb by population growth, and 264th in State. Its population grew by 258 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 $540 more every month. As a percentage rise, this makes ORMISTON, 4160 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.
The local median household income has increased by $327 which is a theoretical $28,080 available for a ORMISTON mortgage broker to find a home loan.