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 TALLEBUDGERA is number 936th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service TALLEBUDGERA, 4228.
Between 2005 and 2011 the population of TALLEBUDGERA, 4228 grew an average of 570.20 people each year. This figure of 689.80% per annum means TALLEBUDGERA is one of the more rapidly growing suburbs in QLD.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,167 which is $467 more every month. As a percentage rise, this makes TALLEBUDGERA, 4228 the number 846th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in TALLEBUDGERA, 4228 should have seen some difference. While the latest census median annual household figure income is now $81,120, it was $69,050 back in 2006, which is a net increase of $12,069 Subtract from that the median mortgage repayment increase of $5,604 and a mortgage broker’s clients could be up to $6,465 better off each year even without factoring in mortgage rate cuts.