If you were to buy a house locally at the current median price of $845,000 and had 10% deposit, then you would need a mortgage for $760,500. This is a very large mortgage compared to state.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 11155.00% population change in TOOWONG 4066 is well above average.
Mortgage brokers in TOOWONG, 4066 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,647 to $2,167.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, TOOWONG QLD would be 3437th with 31.24.