Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in MOUNT PLEASANT, 4740 is already $360,000, which makes it the number 586th in QLD on a list ordered by most expensive. Make sure that you get good MOUNT PLEASANT mortgage broker to look for the best deal.
Australia’s total population growth over the last five years has been 4651.00 This means that MOUNT PLEASANT, 4740’s growth of 635 people is considerably above the mean for the country as a whole.
Mortgage brokers in MOUNT PLEASANT, 4740 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,373 to $2,164.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MOUNT PLEASANT, 4740 should have seen some difference. While the latest census median annual household figure income is now $78,728, it was $61,053 back in 2006, which is a net increase of $17,674 Subtract from that the median mortgage repayment increase of $9,486 and a mortgage broker’s clients could be up to $8,188 better off each year even without factoring in mortgage rate cuts.