Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in EIGHT MILE PLAINS, 4113 is already $764,000, which makes it the number 100th in QLD on a list ordered by most expensive. Make sure that you get good EIGHT MILE PLAINS mortgage broker to look for the best deal.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 13278.00% population change in EIGHT MILE PLAINS 4113 is well above average.
Mortgage brokers in EIGHT MILE PLAINS, 4113 have seen that the median mortgage loan repayment has decreased notably between the last two census periods, changing from $0 to $2,000.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in EIGHT MILE PLAINS, 4113 should have seen some difference. While the latest census median annual household figure income is now $76,492, it was $59,763 back in 2006, which is a net increase of $16,728 Subtract from that the median mortgage repayment increase of $24,000 and a mortgage broker’s clients could be up to $-7,271 better off each year even without factoring in mortgage rate cuts.