House prices in CALOUNDRA have seen little growth over the last year, which means it's more important than ever to get a good QLD mortgage broker to help you choose the right home loan product.
Between 2005 and 2011 the population of CALOUNDRA, 4551 grew an average of 26.40 people each year. This figure of 691.60% per annum means CALOUNDRA is one of the more rapidly growing suburbs in QLD.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in CALOUNDRA, 4551 rank at number 1102th in State or 3840th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CALOUNDRA, 4551 should have seen some difference. While the latest census median annual household figure income is now $36,920, it was $30,706 back in 2006, which is a net increase of $6,214 Subtract from that the median mortgage repayment increase of $4,860 and a mortgage broker’s clients could be up to $1,354 better off each year even without factoring in mortgage rate cuts.