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 BOONDALL is number 2299th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service BOONDALL, 4034.
With a net change of 205 people, BOONDALL 4034 has grown when compared to other suburbs in QLD.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,842 which is $629 more every month. As a percentage rise, this makes BOONDALL, 4034 the number 2272th 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 BOONDALL, 4034 should have seen some difference. While the latest census median annual household figure income is now $71,240, it was $58,234 back in 2006, which is a net increase of $13,005 Subtract from that the median mortgage repayment increase of $7,548 and a mortgage broker’s clients could be up to $5,457 better off each year even without factoring in mortgage rate cuts.