If you’re looking to buy in MOGGILL then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased to $560,000 over the last year.
Between 2005 and 2011 the population of MOGGILL, 4070 grew an average of 292.20 people each year. This figure of 701.20% per annum means MOGGILL is one of the more rapidly growing suburbs in QLD.
MOGGILL, 4070 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,700 to $2,500.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MOGGILL, 4070 should have seen some difference. While the latest census median annual household figure income is now $103,844, it was $81,624 back in 2006, which is a net increase of $22,219 Subtract from that the median mortgage repayment increase of $9,600 and a mortgage broker’s clients could be up to $12,619 better off each year even without factoring in mortgage rate cuts.