If you’re looking to buy in MAREEBA then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have decreased to $310,000 over the last year.
MAREEBA, 4880 is number 462th in a list of the country’s fastest growing suburbs, and number 96th in State. It has had an average population growth of 237.40 over the period between the last two national censuses.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $116 more than the median monthly home loan repayment in MAREEBA, QLD.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MAREEBA, 4880 should have seen some difference. While the latest census median annual household figure income is now $46,748, it was $37,960 back in 2006, which is a net increase of $8,788 Subtract from that the median mortgage repayment increase of $6,504 and a mortgage broker’s clients could be up to $2,284 better off each year even without factoring in mortgage rate cuts.