House prices in EVERTON PARK 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 EVERTON PARK, 4053 grew an average of 122.20 people each year. This figure of 1645.00% per annum means EVERTON PARK 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 $1,950 which is $650 more every month. As a percentage rise, this makes EVERTON PARK, 4053 the number 1843th 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 EVERTON PARK, 4053 should have seen some difference. While the latest census median annual household figure income is now $69,992, it was $54,199 back in 2006, which is a net increase of $15,792 Subtract from that the median mortgage repayment increase of $7,800 and a mortgage broker’s clients could be up to $7,992 better off each year even without factoring in mortgage rate cuts.