WARNER is one of the more expensive suburbs in QLD. Median home prices are $495,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $445,500 home loan.
Across the whole country WARNER,4500 is number 667th fastest growing suburb by population growth, and 152th in State. Its population grew by 3603 people over the last five years.
Mortgage brokers in WARNER, 4500 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,560 to $2,260.
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.