Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in PORT DOUGLAS, 4877 is already $500,000, which makes it the number 338th in QLD on a list ordered by most expensive. Make sure that you get good PORT DOUGLAS mortgage broker to look for the best deal.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 3105.00% population change in PORT DOUGLAS 4877 is above average.
Mortgage brokers in PORT DOUGLAS, 4877 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,300 to $1,625.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in PORT DOUGLAS, 4877 should have seen some difference. While the latest census median annual household figure income is now $55,536, it was $55,889 back in 2006, which is a net increase of $-353 Subtract from that the median mortgage repayment increase of $3,900 and a mortgage broker’s clients could be up to $-4,253 better off each year even without factoring in mortgage rate cuts.