If you were to buy a house locally at the current median price of $320,000 and had 10% deposit, then you would need a mortgage for $288,000. This is small than average mortgage compared to state.
QLD has seen an average of 2808.22% rowth over the last 5 years. This means that with above the state figure, THURINGOWA CENTRAL, 4817 figure of -161 represents a 1913.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,640 which is $448 more every month. As a percentage rise, this makes THURINGOWA CENTRAL, 4817 the number 3234th 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 THURINGOWA CENTRAL, 4817 should have seen some difference. While the latest census median annual household figure income is now $83,928, it was $62,618 back in 2006, which is a net increase of $21,309 Subtract from that the median mortgage repayment increase of $5,376 and a mortgage broker’s clients could be up to $15,933 better off each year even without factoring in mortgage rate cuts.