Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then MARANGAROO is number 2634th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service MARANGAROO, 6064.
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.