CALAMVALE is one of the most expensive suburbs in QLD. Median home prices are $660,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $594,000 home loan.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 15191.00% population change in CALAMVALE 4116 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 CALAMVALE, QLD.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CALAMVALE, 4116 should have seen some difference. While the latest census median annual household figure income is now $83,460, it was $64,038 back in 2006, which is a net increase of $19,422 Subtract from that the median mortgage repayment increase of $7,200 and a mortgage broker’s clients could be up to $12,222 better off each year even without factoring in mortgage rate cuts.