Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in ALEXANDRA HILLS, 4161 is already $450,000, which makes it the number 436th in QLD on a list ordered by most expensive. Make sure that you get good ALEXANDRA HILLS mortgage broker to look for the best deal.
Between 2005 and 2011 the population of ALEXANDRA HILLS, 4161 grew an average of -51.60 people each year. This figure of 3325.40% per annum means ALEXANDRA HILLS is one of the fastest growing suburbs in QLD.
Mortgage brokers in ALEXANDRA HILLS, 4161 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,300 to $1,904.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ALEXANDRA HILLS, 4161 should have seen some difference. While the latest census median annual household figure income is now $75,036, it was $60,075 back in 2006, which is a net increase of $14,960 Subtract from that the median mortgage repayment increase of $7,248 and a mortgage broker’s clients could be up to $7,712 better off each year even without factoring in mortgage rate cuts.