If you were to buy a house locally at the current median price of $712,500 and had 10% deposit, then you would need a mortgage for $641,250. This is a very large mortgage compared to state.
QLD has seen an average of 2808.22% rowth over the last 5 years. This means that with well above the state figure, PALM BEACH, 4221 figure of 462 represents a 13856.00% change.
PALM BEACH, 4221 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,400 to $2,000.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, PALM BEACH QLD would be 349th with 48.23.