House prices in SCARBOROUGH 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 -1853 people, SCARBOROUGH 4020 has has shrunk quite a lot when compared to other suburbs in QLD.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in SCARBOROUGH, 4020 rank at number 861th in State or 2615th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SCARBOROUGH, 4020 should have seen some difference. While the latest census median annual household figure income is now $50,232, it was $48,204 back in 2006, which is a net increase of $2,028 Subtract from that the median mortgage repayment increase of $6,054 and a mortgage broker’s clients could be up to $-4,026 better off each year even without factoring in mortgage rate cuts.