If you were to buy a house locally at the current median price of $478,750 and had 10% deposit, then you would need a mortgage for $430,875. This is an average sized mortgage compared to state.
Across the whole country PALMWOODS,4555 is number 1186th fastest growing suburb by population growth, and 280th in State. Its population grew by 1004 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,907 which is $607 more every month. As a percentage rise, this makes PALMWOODS, 4555 the number 2075th 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, PALMWOODS QLD would be 1339th with 38.88.