If you were to buy a house locally at the current median price of $700,000 and had 10% deposit, then you would need a mortgage for $630,000. This is a very large mortgage compared to state.
BULL CREEK, 6149 is number 773th in a list of the country’s fastest growing suburbs, and number 86th in State. It has had an average population growth of -31.40 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 $2,000 which is $732 more every month. As a percentage rise, this makes BULL CREEK, 6149 the number 1453th 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 BULL CREEK, 6149 have increased by $370. In the same period median mortgage loan repayments have increased by $732.