If you were to buy a house locally at the current median price of $820,000 and had 10% deposit, then you would need a mortgage for $738,000. This is a very large mortgage compared to state.
Across the whole country RED HILL,4059 is number 1170th fastest growing suburb by population growth, and 275th in State. Its population grew by 143 people over the last five years.
Mortgage brokers in RED HILL, 4059 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,951 to $2,500.
Weekly gross incomes in RED HILL, 4059 have increased by $568. In the same period median mortgage loan repayments have increased by $548.