If you were to buy a house locally at the current median price of $802,000 and had 10% deposit, then you would need a mortgage for $721,800. This is a very large mortgage compared to state.
QLD has seen an average of 2808.22% rowth over the last 5 years. This means that with above the state figure, WOOLLOONGABBA, 4102 figure of 870 represents a 4688.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,200 which is $600 more every month. As a percentage rise, this makes WOOLLOONGABBA, 4102 the number 767th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Weekly gross incomes in WOOLLOONGABBA, 4102 have increased by $428. In the same period median mortgage loan repayments have increased by $600.