If you’re looking to buy in IPSWICH then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have decreased to $313,500 over the last year.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 2436.00% population change in IPSWICH 4305 is above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,517 which is $434 more every month. As a percentage rise, this makes IPSWICH, 4305 the number 3635th 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 IPSWICH, 4305 should have seen some difference. While the latest census median annual household figure income is now $43,524, it was $38,584 back in 2006, which is a net increase of $4,940 Subtract from that the median mortgage repayment increase of $5,208 and a mortgage broker’s clients could be up to $-268 better off each year even without factoring in mortgage rate cuts.