HELENSVALE is one of the more expensive suburbs in QLD. Median home prices are $590,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $531,000 home loan.
QLD has seen an average of 2808.22% rowth over the last 5 years. This means that with well above the state figure, HELENSVALE, 4212 figure of 1221 represents a 15887.00% change.
HELENSVALE, 4212 has seen a substantial 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 $1,549 to $2,167.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in HELENSVALE, 4212 should have seen some difference. While the latest census median annual household figure income is now $72,176, it was $59,488 back in 2006, which is a net increase of $12,688 Subtract from that the median mortgage repayment increase of $7,416 and a mortgage broker’s clients could be up to $5,272 better off each year even without factoring in mortgage rate cuts.