SCARBOROUGH is one of the more expensive suburbs in QLD. Median home prices are $545,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $490,500 home loan.
Between 2005 and 2011 the population of SCARBOROUGH, 4020 grew an average of -370.60 people each year. This figure of 1577.00% per annum means SCARBOROUGH 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 $1,840 which is $504 more every month. As a percentage rise, this makes SCARBOROUGH, 4020 the number 2322th 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 SCARBOROUGH, 4020 have clients whose median home loan repayment amounts in the latest census each month are $966 This means that in a list ranking mortgage payments by amount in QLD their monthly home loan payments would place their suburb at number 1046th.