If you were to buy a house locally at the current median price of $835,000 and had 10% deposit, then you would need a mortgage for $751,500. This is a very large mortgage compared to state.
Between 2005 and 2011 the population of BENOWA, 4217 grew an average of 141.80 people each year. This figure of 1575.60% per annum means BENOWA is one of the fastest growing suburbs in QLD.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $-534 less than the median monthly home loan repayment in BENOWA, QLD.
Mortgage brokers in BENOWA, 4217 have clients whose median home loan repayment amounts in the latest census each month are $1,387 This means that in a list ranking mortgage payments by amount in QLD their monthly home loan payments would place their suburb at number 471th.