RACEVIEW is one of the less expensive suburbs in QLD. Median home prices are $316,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $284,400 home loan.
Between 2005 and 2011 the population of RACEVIEW, 4305 grew an average of 357.80 people each year. This figure of 1717.20% per annum means RACEVIEW is one of the fastest growing suburbs in QLD.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,582 which is $499 more every month. As a percentage rise, this makes RACEVIEW, 4305 the number 3486th 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, RACEVIEW QLD would be 2779th with 33.19.