If you were to buy a house locally at the current median price of $595,500 and had 10% deposit, then you would need a mortgage for $535,950. This is quite a large mortgage compared to state.
Across the whole country CHERMSIDE,4032 is number 688th fastest growing suburb by population growth, and 157th in State. Its population grew by 1822 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $700 more every month. As a percentage rise, this makes CHERMSIDE, 4032 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.
Mortgage brokers in CHERMSIDE, 4032 have clients whose median home loan repayment amounts in the latest census each month are $1,065 This means that in a list ranking mortgage payments by amount in QLD their monthly home loan payments would place their suburb at number 873th.