SURFERS PARADISE is one of the most expensive suburbs in QLD. Median home prices are $1,300,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,170,000 home loan.
Between 2005 and 2011 the population of SURFERS PARADISE, 4217 grew an average of 233.40 people each year. This figure of 3913.60% per annum means SURFERS PARADISE is one of the fastest growing suburbs in QLD.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,968 which is $368 more every month. As a percentage rise, this makes SURFERS PARADISE, 4217 the number 1826th 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, SURFERS PARADISE QLD would be 438th with 46.63.