House prices in SPRINGFIELD LAKES 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.
Between 2005 and 2011 the population of SPRINGFIELD LAKES, 4300 grew an average of 1059.00 people each year. This figure of 2009.60% per annum means SPRINGFIELD LAKES is one of the fastest growing suburbs in QLD.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $-667 less than the median monthly home loan repayment in SPRINGFIELD LAKES, QLD.
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.