House prices in COOLUM BEACH have seen quite a lot of growth over the last year, which means it's more important than ever to get a good QLD mortgage broker to help you choose the right home loan product.
Between 2005 and 2011 the population of COOLUM BEACH, 4573 grew an average of 1566.60 people each year. This figure of 1561.00% per annum means COOLUM BEACH is one of the fastest growing suburbs in QLD.
Mortgage brokers in COOLUM BEACH, 4573 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,582 to $1,750.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in COOLUM BEACH, 4573 should have seen some difference. While the latest census median annual household figure income is now $53,404, it was $69,300 back in 2006, which is a net increase of $-15,896 Subtract from that the median mortgage repayment increase of $2,016 and a mortgage broker’s clients could be up to $-17,912 better off each year even without factoring in mortgage rate cuts.