Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in CAPALABA, 4157 is already $450,000, which makes it the number 422th in QLD on a list ordered by most expensive. Make sure that you get good CAPALABA mortgage broker to look for the best deal.
CAPALABA, 4157 is number 154th in a list of the country’s fastest growing suburbs, and number 18th in State. It has had an average population growth of -90.80 over the period between the last two national censuses.
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.