MOUNT COTTON is one of the more expensive suburbs in QLD. Median home prices are $536,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $482,400 home loan.
Between 2005 and 2011 the population of MOUNT COTTON, 4165 grew an average of 333.00 people each year. This figure of 940.80% per annum means MOUNT COTTON is one of the more rapidly growing suburbs in QLD.
MOUNT COTTON, 4165 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,625 to $2,383.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, MOUNT COTTON QLD would be 4574th with 27.70.