No matter where in QLD you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in MALENY , 4552 is $540,000 this month which means that a mortgage for 80% of that value would be $432,000.
Across the whole country MALENY,4552 is number 1869th fastest growing suburb by population growth, and 448th in State. Its population grew by 556 people over the last five years.
MALENY 4552 homeowners are paying around 47.74% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay more than the median average increase of QLD which is 48.06%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MALENY, 4552 should have seen some difference. While the latest census median annual household figure income is now $42,016, it was $37,726 back in 2006, which is a net increase of $4,290 Subtract from that the median mortgage repayment increase of $6,204 and a mortgage broker’s clients could be up to $-1,914 better off each year even without factoring in mortgage rate cuts.