If you’re looking to buy in BALMORAL then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $1,002,500 over the last year.
BALMORAL 4171 has seen steady growth in it’s population over the last five years.
BALMORAL 4171 homeowners are paying around 44.26% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay more than the median average increase of QLD which is 48.06%.
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.