If you were to buy a house locally at the current median price of $536,150 and had 10% deposit, then you would need a mortgage for $482,535. This is quite a large mortgage compared to state.
Across the whole country REDLAND BAY,4165 is number 249th fastest growing suburb by population growth, and 45th in State. Its population grew by 12486 people over the last five years.
Mortgage brokers in REDLAND BAY, 4165 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,517 to $2,200.
The local median household income has increased by $479 which is a theoretical $35,516 available for a REDLAND BAY mortgage broker to find a home loan.