If you were to buy a house locally at the current median price of $725,000 and had 10% deposit, then you would need a mortgage for $652,500. This is a very large mortgage compared to state.
BURLEIGH WATERS, 4220 is number 242th in a list of the country’s fastest growing suburbs, and number 42th in State. It has had an average population growth of 228.60 over the period between the last two national censuses.
BURLEIGH WATERS, 4220 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,430 to $2,000.
The local median household income has increased by $164 which is a theoretical $29,640 available for a BURLEIGH WATERS mortgage broker to find a home loan.