THE GAP is one of the most expensive suburbs in QLD. Median home prices are $670,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $603,000 home loan.
THE GAP 4061 has seen considerable shrinkage in it’s population over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,100 which is $600 more every month. As a percentage rise, this makes THE GAP, 4061 the number 1257th 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 THE GAP, 4061 have clients whose median home loan repayment amounts in the latest census each month are $1,937 This means that in a list ranking mortgage payments by amount in QLD their monthly home loan payments would place their suburb at number 124th.