Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BUDERIM, 4556 is already $595,000, which makes it the number 214th in QLD on a list ordered by most expensive. Make sure that you get good BUDERIM mortgage broker to look for the best deal.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 26968.00% population change in BUDERIM 4556 is well above average.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $-367 less than the median monthly home loan repayment in BUDERIM, QLD.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BUDERIM, 4556 should have seen some difference. While the latest census median annual household figure income is now $61,308, it was $54,584 back in 2006, which is a net increase of $6,723 Subtract from that the median mortgage repayment increase of $6,708 and a mortgage broker’s clients could be up to $15 better off each year even without factoring in mortgage rate cuts.