If you’re looking to buy in MUDGEERABA then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have not risen much to $545,000 over the last year.
Across the whole country MUDGEERABA,4213 is number 263th fastest growing suburb by population growth, and 49th in State. Its population grew by 11980 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,056 which is $456 more every month. As a percentage rise, this makes MUDGEERABA, 4213 the number 1382th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MUDGEERABA, 4213 should have seen some difference. While the latest census median annual household figure income is now $67,288, it was $57,075 back in 2006, which is a net increase of $10,212 Subtract from that the median mortgage repayment increase of $5,472 and a mortgage broker’s clients could be up to $4,740 better off each year even without factoring in mortgage rate cuts.