If you were to buy a house locally at the current median price of $260,000 and had 10% deposit, then you would need a mortgage for $234,000. This is relatively small mortgage compared to state.
Between 2005 and 2011 the population of HARLAXTON, 4350 grew an average of 28.00 people each year. This figure of 517.80% per annum means HARLAXTON is one of the more rapidly growing suburbs in QLD.
With a median housing loan repayment of $1,295 a month, HARLAXTON , 4350 mortgage brokers are seeing mortgage holders paying $428 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in HARLAXTON, 4350 should have seen some difference. While the latest census median annual household figure income is now $45,448, it was $39,010 back in 2006, which is a net increase of $6,437 Subtract from that the median mortgage repayment increase of $5,136 and a mortgage broker’s clients could be up to $1,301 better off each year even without factoring in mortgage rate cuts.