If you were to buy a house locally at the current median price of $730,000 and had 10% deposit, then you would need a mortgage for $657,000. This is a very large mortgage compared to state.
QLD has seen an average of 2808.22% rowth over the last 5 years. This means that with above the state figure, MOFFAT BEACH, 4551 figure of 2 represents a 2468.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $750 more every month. As a percentage rise, this makes MOFFAT BEACH, 4551 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.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, MOFFAT BEACH QLD would be 626th with 44.17.