No matter where in QLD you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in CALOUNDRA WEST , 4551 is $456,000 this month which means that a mortgage for 80% of that value would be $364,800.
CALOUNDRA WEST, 4551 is number 1605th in a list of the country’s fastest growing suburbs, and number 379th in State. It has had an average population growth of 371.20 over the period between the last two national censuses.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in CALOUNDRA WEST, 4551 rank at number 533th in State or 1522th 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 WEST, 4551 should have seen some difference. While the latest census median annual household figure income is now $53,352, it was $41,678 back in 2006, which is a net increase of $11,674 Subtract from that the median mortgage repayment increase of $7,632 and a mortgage broker’s clients could be up to $4,042 better off each year even without factoring in mortgage rate cuts.