Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in MARCOOLA, 4564 is already $605,000, which makes it the number 204th in QLD on a list ordered by most expensive. Make sure that you get good MARCOOLA mortgage broker to look for the best deal.
MARCOOLA 4564 has seen steady growth in it’s population over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in MARCOOLA, 4564 rank at number 10th in State or 31th 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 MARCOOLA, 4564 should have seen some difference. While the latest census median annual household figure income is now $51,116, it was $0 back in 2006, which is a net increase of $51,116 Subtract from that the median mortgage repayment increase of $24,000 and a mortgage broker’s clients could be up to $27,116 better off each year even without factoring in mortgage rate cuts.