No matter where in QLD you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in PARKWOOD , 4214 is $575,000 this month which means that a mortgage for 80% of that value would be $460,000.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 8336.00% population change in PARKWOOD 4214 is well above average.
Mortgage brokers in PARKWOOD, 4214 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,451 to $1,979.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in PARKWOOD, 4214 should have seen some difference. While the latest census median annual household figure income is now $74,724, it was $62,769 back in 2006, which is a net increase of $11,954 Subtract from that the median mortgage repayment increase of $6,336 and a mortgage broker’s clients could be up to $5,618 better off each year even without factoring in mortgage rate cuts.