House prices in BALMORAL have seen a high level of 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.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 3727.00% population change in BALMORAL 4171 is above average.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in BALMORAL, 4171 rank at number 262th in State or 768th 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 BALMORAL, 4171 should have seen some difference. While the latest census median annual household figure income is now $106,288, it was $73,725 back in 2006, which is a net increase of $32,562 Subtract from that the median mortgage repayment increase of $9,204 and a mortgage broker’s clients could be up to $23,358 better off each year even without factoring in mortgage rate cuts.