Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BUNDABERG WEST, 4670 is already $240,000, which makes it the number 822th in QLD on a list ordered by most expensive. Make sure that you get good BUNDABERG WEST mortgage broker to look for the best deal.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 2430.00% population change in BUNDABERG WEST 4670 is above average.
With a median housing loan repayment of $1,300 a month, BUNDABERG WEST , 4670 mortgage brokers are seeing mortgage holders paying $500 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BUNDABERG WEST, 4670 should have seen some difference. While the latest census median annual household figure income is now $33,592, it was $29,416 back in 2006, which is a net increase of $4,175 Subtract from that the median mortgage repayment increase of $6,000 and a mortgage broker’s clients could be up to $-1,824 better off each year even without factoring in mortgage rate cuts.