CAPALABA is one of the averagely priced suburbs in QLD. Median home prices are $463,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $416,700 home loan.
With a net change of -454 people, CAPALABA 4157 has has shrunk quite a lot when compared to other suburbs in QLD.
With a median housing loan repayment of $1,950 a month, CAPALABA , 4157 mortgage brokers are seeing mortgage holders paying $650 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 CAPALABA, 4157 should have seen some difference. While the latest census median annual household figure income is now $69,992, it was $56,711 back in 2006, which is a net increase of $13,280 Subtract from that the median mortgage repayment increase of $7,800 and a mortgage broker’s clients could be up to $5,480 better off each year even without factoring in mortgage rate cuts.