Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in MORAYFIELD, 4506 is already $350,000, which makes it the number 608th in QLD on a list ordered by most expensive. Make sure that you get good MORAYFIELD mortgage broker to look for the best deal.
QLD has seen an average of 2808.22% rowth over the last 5 years. This means that with well above the state figure, MORAYFIELD, 4506 figure of 19036 represents a 19246.00% change.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $-109 less than the median monthly home loan repayment in MORAYFIELD, QLD.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MORAYFIELD, 4506 should have seen some difference. While the latest census median annual household figure income is now $62,036, it was $71,713 back in 2006, which is a net increase of $-9,677 Subtract from that the median mortgage repayment increase of $1,206 and a mortgage broker’s clients could be up to $-10,883 better off each year even without factoring in mortgage rate cuts.