House prices in MANLY WEST have seen quite a lot of growth over the last year, which means it's more important than ever to get a good QLD mortgage broker to help you choose the right home loan product.
Between 2005 and 2011 the population of MANLY WEST, 4179 grew an average of 236.60 people each year. This figure of 2218.80% per annum means MANLY WEST is one of the fastest growing suburbs in QLD.
MANLY WEST 4179 homeowners are paying around 46.16% 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 MANLY WEST, 4179 should have seen some difference. While the latest census median annual household figure income is now $75,816, it was $58,593 back in 2006, which is a net increase of $17,222 Subtract from that the median mortgage repayment increase of $7,800 and a mortgage broker’s clients could be up to $9,422 better off each year even without factoring in mortgage rate cuts.