No matter where in QLD you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in SUNSHINE BEACH , 4567 is $1,190,000 this month which means that a mortgage for 80% of that value would be $952,000.
Between 2005 and 2011 the population of SUNSHINE BEACH, 4567 grew an average of -14.60 people each year. This figure of 437.40% per annum means SUNSHINE BEACH is one of the more rapidly growing suburbs in QLD.
Mortgage payments in SUNSHINE BEACH , 4567 have increased by $329 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SUNSHINE BEACH, 4567 should have seen some difference. While the latest census median annual household figure income is now $52,364, it was $50,632 back in 2006, which is a net increase of $1,731 Subtract from that the median mortgage repayment increase of $3,948 and a mortgage broker’s clients could be up to $-2,216 better off each year even without factoring in mortgage rate cuts.