No matter where in QLD you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in ARUNDEL , 4214 is $590,000 this month which means that a mortgage for 80% of that value would be $472,000.
ARUNDEL 4214 has seen steady growth in it’s population over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in ARUNDEL, 4214 rank at number 904th in State or 2801th 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 ARUNDEL, 4214 should have seen some difference. While the latest census median annual household figure income is now $66,144, it was $58,141 back in 2006, which is a net increase of $8,002 Subtract from that the median mortgage repayment increase of $5,880 and a mortgage broker’s clients could be up to $2,122 better off each year even without factoring in mortgage rate cuts.