House prices in PALMWOODS have seen little growth over the last year, which means it's more important than ever to get a good QLD mortgage broker to help you choose the right home loan product.
With a net change of 1004 people, PALMWOODS 4555 has grown considerably when compared to other suburbs in QLD.
With a median housing loan repayment of $1,907 a month, PALMWOODS , 4555 mortgage brokers are seeing mortgage holders paying $607 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in PALMWOODS, 4555 should have seen some difference. While the latest census median annual household figure income is now $58,864, it was $52,265 back in 2006, which is a net increase of $6,598 Subtract from that the median mortgage repayment increase of $7,284 and a mortgage broker’s clients could be up to $-685 better off each year even without factoring in mortgage rate cuts.