If you were to buy a house locally at the current median price of $670,000 and had 10% deposit, then you would need a mortgage for $603,000. This is a very large mortgage compared to state.
Between 2005 and 2011 the population of CALAMVALE, 4116 grew an average of 863.80 people each year. This figure of 3038.20% per annum means CALAMVALE is one of the fastest growing suburbs in QLD.
CALAMVALE, 4116 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 $1,400 to $2,000.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, CALAMVALE QLD would be 4240th with 28.76.