If you’re looking to buy in MARANGAROO then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have not risen much to $451,688 over the last year.
Across the whole country MARANGAROO,6064 is number 434th fastest growing suburb by population growth, and 35th in State. Its population grew by 196 people over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in MARANGAROO, 6064 rank at number 415th in State or 2007th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MARANGAROO, 6064 should have seen some difference. While the latest census median annual household figure income is now $64,740, it was $51,506 back in 2006, which is a net increase of $13,234 Subtract from that the median mortgage repayment increase of $6,816 and a mortgage broker’s clients could be up to $6,418 better off each year even without factoring in mortgage rate cuts.