If you were to buy a house locally at the current median price of $883,500 and had 10% deposit, then you would need a mortgage for $795,150. This is a very large mortgage compared to state.
EAST BRISBANE 4169 has seen steady growth in it’s population over the last five years.
Mortgage payments in EAST BRISBANE , 4169 have increased by $567 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in EAST BRISBANE, 4169 should have seen some difference. While the latest census median annual household figure income is now $77,688, it was $57,444 back in 2006, which is a net increase of $20,243 Subtract from that the median mortgage repayment increase of $6,804 and a mortgage broker’s clients could be up to $13,439 better off each year even without factoring in mortgage rate cuts.