House prices in WOODY POINT 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 WOODY POINT, 4019 grew an average of 59.80 people each year. This figure of 797.60% per annum means WOODY POINT is one of the more rapidly growing suburbs in QLD.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in WOODY POINT, 4019 rank at number 700th in State or 2072th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WOODY POINT, 4019 should have seen some difference. While the latest census median annual household figure income is now $46,228, it was $34,845 back in 2006, which is a net increase of $11,382 Subtract from that the median mortgage repayment increase of $6,756 and a mortgage broker’s clients could be up to $4,626 better off each year even without factoring in mortgage rate cuts.