If you were to buy a house locally at the current median price of $815,000 and had 10% deposit, then you would need a mortgage for $733,500. This is a very large mortgage compared to state.
With a net change of 138 people, CURRUMBIN 4223 has not grown much when compared to other suburbs in QLD.
Mortgage payments in CURRUMBIN , 4223 have increased by $867 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CURRUMBIN, 4223 should have seen some difference. While the latest census median annual household figure income is now $64,168, it was $52,707 back in 2006, which is a net increase of $11,460 Subtract from that the median mortgage repayment increase of $10,404 and a mortgage broker’s clients could be up to $1,056 better off each year even without factoring in mortgage rate cuts.