WARNER is one of the more expensive suburbs in QLD. Median home prices are $503,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $452,700 home loan.
QLD has seen an average of 2808.22% rowth over the last 5 years. This means that with well above the state figure, WARNER, 4500 figure of 3603 represents a 8280.00% change.
WARNER 4500 homeowners are paying around 44.87% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay more than the median average increase of QLD which is 48.06%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WARNER, 4500 should have seen some difference. While the latest census median annual household figure income is now $98,228, it was $74,297 back in 2006, which is a net increase of $23,930 Subtract from that the median mortgage repayment increase of $8,400 and a mortgage broker’s clients could be up to $15,530 better off each year even without factoring in mortgage rate cuts.