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 MANGO HILL , 4509 is $500,000 this month which means that a mortgage for 80% of that value would be $400,000.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 4239.00% population change in MANGO HILL 4509 is above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,069 which is $498 more every month. As a percentage rise, this makes MANGO HILL, 4509 the number 1353th 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 MANGO HILL, 4509 should have seen some difference. While the latest census median annual household figure income is now $87,256, it was $68,463 back in 2006, which is a net increase of $18,792 Subtract from that the median mortgage repayment increase of $5,976 and a mortgage broker’s clients could be up to $12,816 better off each year even without factoring in mortgage rate cuts.