Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then SPRING HILL is number 630th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service SPRING HILL, 4000.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 5158.00% population change in SPRING HILL 4000 is well above average.
With a median housing loan repayment of $2,058 a month, SPRING HILL , 4000 mortgage brokers are seeing mortgage holders paying $541 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 SPRING HILL, 4000 should have seen some difference. While the latest census median annual household figure income is now $83,876, it was $63,434 back in 2006, which is a net increase of $20,441 Subtract from that the median mortgage repayment increase of $6,492 and a mortgage broker’s clients could be up to $13,949 better off each year even without factoring in mortgage rate cuts.