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 ASCOT , 4007 is $1,475,000 this month which means that a mortgage for 80% of that value would be $1,180,000.
Between 2005 and 2011 the population of ASCOT, 4007 grew an average of 80.40 people each year. This figure of 1126.00% per annum means ASCOT is one of the fastest growing suburbs in QLD.
With a median housing loan repayment of $2,400 a month, ASCOT , 4007 mortgage brokers are seeing mortgage holders paying $594 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ASCOT, 4007 should have seen some difference. While the latest census median annual household figure income is now $88,244, it was $67,511 back in 2006, which is a net increase of $20,732 Subtract from that the median mortgage repayment increase of $7,134 and a mortgage broker’s clients could be up to $13,598 better off each year even without factoring in mortgage rate cuts.