If you were to buy a house locally at the current median price of $461,600 and had 10% deposit, then you would need a mortgage for $415,440. This is an average sized mortgage compared to state.
UPPER COOMERA, 4209 is number 82th in a list of the country’s fastest growing suburbs, and number 7th in State. It has had an average population growth of 3021.40 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 $2,383 which is $563 more every month. As a percentage rise, this makes UPPER COOMERA, 4209 the number 555th 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, UPPER COOMERA QLD would be 1927th with 36.35.