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 SPRINGFIELD LAKES is number 2662th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service SPRINGFIELD LAKES, 4300.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 10048.00% population change in SPRINGFIELD LAKES 4300 is well above average.
With a median housing loan repayment of $2,300 a month, SPRINGFIELD LAKES , 4300 mortgage brokers are seeing mortgage holders paying $600 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 SPRINGFIELD LAKES, 4300 should have seen some difference. While the latest census median annual household figure income is now $92,040, it was $67,844 back in 2006, which is a net increase of $24,195 Subtract from that the median mortgage repayment increase of $7,200 and a mortgage broker’s clients could be up to $16,995 better off each year even without factoring in mortgage rate cuts.