If you were to buy a house locally at the current median price of $750,000 and had 10% deposit, then you would need a mortgage for $675,000. This is a very large mortgage compared to state.
Across the whole country SHORNCLIFFE,4017 is number 2746th fastest growing suburb by population growth, and 623th in State. Its population grew by 320 people over the last five years.
SHORNCLIFFE, 4017 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 $1,700 to $2,167.
The median mortgage repayment in SHORNCLIFFE, QLD is 34.25% of the median household income.