If you’re looking to buy in BOONDALL 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 $500,000 over the last year.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 8646.00% population change in BOONDALL 4034 is well above average.
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.