Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in CANNONVALE, 4802 is already $427,000, which makes it the number 462th in QLD on a list ordered by most expensive. Make sure that you get good CANNONVALE mortgage broker to look for the best deal.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 4785.00% population change in CANNONVALE 4802 is above average.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $-467 less than the median monthly home loan repayment in CANNONVALE, QLD.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CANNONVALE, 4802 should have seen some difference. While the latest census median annual household figure income is now $64,168, it was $56,165 back in 2006, which is a net increase of $8,002 Subtract from that the median mortgage repayment increase of $8,400 and a mortgage broker’s clients could be up to $-397 better off each year even without factoring in mortgage rate cuts.