Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then BIRKDALE is number 2074th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service BIRKDALE, 4159.
Across the whole country BIRKDALE,4159 is number 244th fastest growing suburb by population growth, and 43th in State. Its population grew by 334 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $687 more every month. As a percentage rise, this makes BIRKDALE, 4159 the number 1453th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BIRKDALE, 4159 should have seen some difference. While the latest census median annual household figure income is now $76,076, it was $60,819 back in 2006, which is a net increase of $15,256 Subtract from that the median mortgage repayment increase of $8,244 and a mortgage broker’s clients could be up to $7,012 better off each year even without factoring in mortgage rate cuts.