If you were to buy a house locally at the current median price of $860,000 and had 10% deposit, then you would need a mortgage for $774,000. This is quite a large mortgage compared to state.
Across the whole country GLEN ALPINE,2560 is number 1522th fastest growing suburb by population growth, and 488th in State. Its population grew by -60 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,167 which is $325 more every month. As a percentage rise, this makes GLEN ALPINE, 2560 the number 846th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Weekly gross incomes in GLEN ALPINE, 2560 have increased by $400. In the same period median mortgage loan repayments have increased by $325.