If you’re looking to buy in NORMAN PARK then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $815,000 over the last year.
Australia’s total population growth over the last five years has been 5902.00 This means that NORMAN PARK, 4170’s growth of 55 people is well above the mean for the country as a whole.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $-750 less than the median monthly home loan repayment in NORMAN PARK, QLD.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in NORMAN PARK, 4170 should have seen some difference. While the latest census median annual household figure income is now $109,720, it was $79,040 back in 2006, which is a net increase of $30,680 Subtract from that the median mortgage repayment increase of $6,996 and a mortgage broker’s clients could be up to $23,684 better off each year even without factoring in mortgage rate cuts.