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 CARRARA , 4211 is $504,950 this month which means that a mortgage for 80% of that value would be $403,960.
Across the whole country CARRARA,4211 is number 354th fastest growing suburb by population growth, and 72th in State. Its population grew by 881 people over the last five years.
With a median housing loan repayment of $1,950 a month, CARRARA , 4211 mortgage brokers are seeing mortgage holders paying $500 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 CARRARA, 4211 should have seen some difference. While the latest census median annual household figure income is now $62,192, it was $53,934 back in 2006, which is a net increase of $8,257 Subtract from that the median mortgage repayment increase of $6,000 and a mortgage broker’s clients could be up to $2,257 better off each year even without factoring in mortgage rate cuts.