If you were to buy a house locally at the current median price of $492,500 and had 10% deposit, then you would need a mortgage for $443,250. This is an average sized mortgage compared to state.
With a net change of 2296 people, MURRUMBA DOWNS 4503 has grown considerably when compared to other suburbs in QLD.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $635 more every month. As a percentage rise, this makes MURRUMBA DOWNS, 4503 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 MURRUMBA DOWNS, 4503 have clients whose median home loan repayment amounts in the latest census each month are $1,595 This means that in a list ranking mortgage payments by amount in QLD their monthly home loan payments would place their suburb at number 274th.