Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in MACKAY, 4740 is already $255,000, which makes it the number 807th in QLD on a list ordered by most expensive. Make sure that you get good MACKAY mortgage broker to look for the best deal.
With a net change of 257 people, MACKAY 4740 has grown when compared to other suburbs in QLD.
With a median housing loan repayment of $1,950 a month, MACKAY , 4740 mortgage brokers are seeing mortgage holders paying $867 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 MACKAY, 4740 should have seen some difference. While the latest census median annual household figure income is now $60,996, it was $38,672 back in 2006, which is a net increase of $22,323 Subtract from that the median mortgage repayment increase of $10,404 and a mortgage broker’s clients could be up to $11,919 better off each year even without factoring in mortgage rate cuts.