No matter where in QLD you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in CALOUNDRA , 4551 is $550,000 this month which means that a mortgage for 80% of that value would be $440,000.
With a net change of 132 people, CALOUNDRA 4551 has not grown much when compared to other suburbs in QLD.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in CALOUNDRA, 4551 rank at number 1102th in State or 3840th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CALOUNDRA, 4551 should have seen some difference. While the latest census median annual household figure income is now $36,920, it was $30,706 back in 2006, which is a net increase of $6,214 Subtract from that the median mortgage repayment increase of $4,860 and a mortgage broker’s clients could be up to $1,354 better off each year even without factoring in mortgage rate cuts.