If you’re looking to buy in CLONTARF then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have decreased to $411,000 over the last year.
Between 2005 and 2011 the population of CLONTARF, 4019 grew an average of 37.20 people each year. This figure of 1561.80% per annum means CLONTARF is one of the fastest growing suburbs in QLD.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,777 which is $577 more every month. As a percentage rise, this makes CLONTARF, 4019 the number 2523th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CLONTARF, 4019 should have seen some difference. While the latest census median annual household figure income is now $51,220, it was $40,346 back in 2006, which is a net increase of $10,873 Subtract from that the median mortgage repayment increase of $6,924 and a mortgage broker’s clients could be up to $3,949 better off each year even without factoring in mortgage rate cuts.