If you’re looking to buy in BANORA POINT then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have not risen much to $585,000 over the last year.
Across the whole country BANORA POINT,2486 is number 193th fastest growing suburb by population growth, and 61th in State. Its population grew by 365 people over the last five years.
With a median housing loan repayment of $1,894 a month, BANORA POINT , 2486 mortgage brokers are seeing mortgage holders paying $553 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 BANORA POINT, 2486 should have seen some difference. While the latest census median annual household figure income is now $46,904, it was $39,800 back in 2006, which is a net increase of $7,103 Subtract from that the median mortgage repayment increase of $6,642 and a mortgage broker’s clients could be up to $461 better off each year even without factoring in mortgage rate cuts.