Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BROWNS PLAINS, 4118 is already $340,000, which makes it the number 624th in QLD on a list ordered by most expensive. Make sure that you get good BROWNS PLAINS mortgage broker to look for the best deal.
Australia’s total population growth over the last five years has been 5472.00 This means that BROWNS PLAINS, 4118’s growth of -109 people is well above the mean for the country as a whole.
Mortgage brokers in BROWNS PLAINS, 4118 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,083 to $1,729.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BROWNS PLAINS, 4118 should have seen some difference. While the latest census median annual household figure income is now $60,684, it was $51,734 back in 2006, which is a net increase of $8,949 Subtract from that the median mortgage repayment increase of $7,752 and a mortgage broker’s clients could be up to $1,197 better off each year even without factoring in mortgage rate cuts.