If you’re looking to buy in FERNY HILLS then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have not risen much to $515,000 over the last year.
Across the whole country FERNY HILLS,4055 is number 623th fastest growing suburb by population growth, and 137th in State. Its population grew by 8649 people over the last five years.
FERNY HILLS, 4055 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,517 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 FERNY HILLS, 4055 should have seen some difference. While the latest census median annual household figure income is now $89,076, it was $106,569 back in 2006, which is a net increase of $-17,492 Subtract from that the median mortgage repayment increase of $5,796 and a mortgage broker’s clients could be up to $-23,288 better off each year even without factoring in mortgage rate cuts.