If you were to buy a house locally at the current median price of $330,000 and had 10% deposit, then you would need a mortgage for $297,000. This is small than average mortgage compared to state.
KIRWAN 4817 has seen a high level of growth in it’s population over the last five years.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $-197 less than the median monthly home loan repayment in KIRWAN, QLD.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in KIRWAN, 4817 should have seen some difference. While the latest census median annual household figure income is now $79,976, it was $0 back in 2006, which is a net increase of $79,976 Subtract from that the median mortgage repayment increase of $21,960 and a mortgage broker’s clients could be up to $58,016 better off each year even without factoring in mortgage rate cuts.