Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in SCARBOROUGH, 4020 is already $550,000, which makes it the number 280th in QLD on a list ordered by most expensive. Make sure that you get good SCARBOROUGH mortgage broker to look for the best deal.
SCARBOROUGH, 4020 is number 716th in a list of the country’s fastest growing suburbs, and number 167th in State. It has had an average population growth of -370.60 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,840 which is $504 more every month. As a percentage rise, this makes SCARBOROUGH, 4020 the number 2322th 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 SCARBOROUGH, QLD is 43.96% of the median household income.