Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in SIPPY DOWNS, 4556 is already $475,000, which makes it the number 390th in QLD on a list ordered by most expensive. Make sure that you get good SIPPY DOWNS mortgage broker to look for the best deal.
Across the whole country SIPPY DOWNS,4556 is number 580th fastest growing suburb by population growth, and 122th in State. Its population grew by 9088 people over the last five years.
Mortgage brokers in SIPPY DOWNS, 4556 have seen that the median mortgage loan repayment has decreased notably between the last two census periods, changing from $0 to $2,165.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SIPPY DOWNS, 4556 should have seen some difference. While the latest census median annual household figure income is now $52,936, it was $0 back in 2006, which is a net increase of $52,936 Subtract from that the median mortgage repayment increase of $25,980 and a mortgage broker’s clients could be up to $26,956 better off each year even without factoring in mortgage rate cuts.